The initial analysis should include the following: The ratio equation The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook. (See below) Use...

The initial analysis should include the following:

• The ratio equation


• The calculation of the ratio using the equation and the pre-assigned Quick Study or Exercise from the textbook. (See below)


• Use the result in a sentence; i.e. For every dollar invested in assets the company is earning 22.4 cents or 22.4% in net income.


• Then explain whether this is a good result or a result that needs improving.


• Use citations to cite any outside sources used.


• The original post should include at least three (3) sentences but no more than seven (7) sentences.

SHOW WORK

Extracted text: QS 5-15 Computing and analyzing gross margin ratio e A2 O Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies. Interpret the gross margin ratio for Carrier. Carrier Lennox Trane York Sales $150,000 $550,000 $38,700 $255,700 Sales discounts 5,000 17,500 бо0 4,800 Sales returns and allowances 20,000 6,000 5,100 900 Cost of goods sold 79,750 329,589 24,453 126,500