Finish attempt... Question 9 Incorrect Mark 0.00 out of 1.00 P Flag question Profitability Analysis Shannon Enterprises reports the following information on its year-end income statement: Net Sales $210,000 Operating Expenses $90,000 Cost of Goods Sold 120,000 Other Income 10,000 Required Calculate Shannon's gross profit percentage and return on sales ratio. (Round answer to one decimal place.) Gross profit percentage == 38.9% X Return on sales ratio = 30.6% x Check Incorrect Mact