Can someone help me with this question! Thank you!

Return on Sales Duroe Company provided the following income statement for last year: Sales Cost of goods sold $11,300,000 3,000,000 $8,300,000 3,800,000 $ 4,500,000 1,000,000 $3,500,000 1,400,000 $2,100,000 Gross margin Operating expenses Operating income Interest expense Income before taxes Income taxes Net income Juroe's balance sheet as of December 31 last year showed total llabilities of $10,250,000, total equity of $6,150,000, and total assets of $16,400,000 Required: 1. Calculate the return on sales. Round to two decimal places 2. The return on sales ratio illustrates the number of cents from each sales dollar that is left over after covering all expensesJuroe Company's return on sales is %, which indicates that for every $1.00 of sales revenue it generates cents are left over after subtracting all expenses.Appropriate return on sales benchmarks vary by industry and economic conditions. However, generally speaking, a return on sales of cents is likely impressive