Baskin-Robbinsis one of the world's largest specialty ice cream shops. The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021.

Req uired information [7' he following information applies to the questions displayed below. ] Baskin-Robbins is one of the world's largest specialty ice cream shops The company offers dozens of different flavors, from Very Berry Strawberry to lowfat Espresso 'n Cream. Assume that a local Baskin-Robbins in Raleigh, North Carolina, has the following amounts for the month of July 2021. Salaries expense $13,500 Sales revenue $68,800 Inventory (July 1, 2021) 2,200 Gain on sale of land 3,100 Sales returns 1,000 Cost of goods sold 28,600 Utilities expense 3,500 Rent expense 6,500 Income tax expense 5,800 Interest expense 300 Inventory (July 31, 2021) 1,000 2. Using the Income Statement from requirement 1, calculate the gross prot ratio for the month of July. (Enter your answer as a percentage, and round the percentage to one decimal place) E:|