A consumer products company reported a 20 percent increase in sales from last year to this year. Sales last year were $220,000. This year, the company reported Cost of Goods Sold in the amount of $157,872. What was the gross profit percentage this year? Gross Profit Percentage Gross Profit Numerator 0.0% Sales Denominator Given the following data. Current Previous $ 2,350 $ Net income 2,100 Stockholders' 11,000 14,125 equity Total assets Interest expense 29,000 500 31,000 400 Compute the return on equity ratio for the current year. (Round your answers to the nearest whole dollar amount.) Answer is not complete. Return on Equity Ratio Net income -Preferred dividends Numerator 0 Denominator Average Stockholders' Equity