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CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 4 Not complete Points out of 1.00 Flag question Profitability Analysis Shannon Enterprises reports the following information on
CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 4 Not complete Points out of 1.00 Flag question Profitability Analysis Shannon Enterprises reports the following information on its year-end income statement: Net Sales Cost of Goods Sold 90,000 Other Income 150,000 Operating Expenses $30,000 10,000 Required Calculate Shannon's gross profit percentage and return on sales ratio (Round answer to one decimal place.) Gross profit percentage 0% Return on sales ratio- 0 96 Check
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