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Calculate the Gross Margin Ratio for Each of the Following

question 33

Essay

Calculate the gross margin ratio for each of the following separate cases A through D:
ABCD Net sales $135,000$623,500$37,800$259,600 Cost of goods sold 83,600249,20013,230127,204\begin{array} { | l | r | r | r | r | } \hline & { \mathrm { A } } & { \mathrm { B } } & { \mathrm { C } } & { \mathrm { D } } \\\hline \text { Net sales } &\$ 13 5 , 0 0 0& \$ 6 2 3 , 5 0 0& \$ 37 , 8 0 0 & \$ 2 5 9 , 6 0 0 \\\hline \text { Cost of goods sold } &8 3 , 6 0 0 & 2 4 9 , 2 0 0 & 13,230 & 127,204 \\\hline\end{array}


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