g-term Liabilities Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity Requirement 2. For the profitability analysis, compute McConnell's (a) gross profit percentage and (b) profit margin ratio. Compare these figures with the industry averages. Is McConnell's profit performance better or worse than the industry 22.4 688 % 31.2 100.0 16,6 64.7% 353 % 100.0% average? (a) Compute McConnell's gross profit percentage. (Round the gross profit percentage to one decimal place, XX%) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer sk me anything