Help with Prinicples of accounting

Required information [The 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 Inventory (July 1, 2021) Sales returns Utilities expense Income tax expense $13,100 Sales revenue 2,000 Interest income 1,100 Cost of goods sold 3,300 Rent expense 5,400 Interest expense Inventory (July 31, 2021) $66,800 2,700 28,400 6,100 400 1,100 BASKIN-ROBBINS Multiple-step Income Statement For the month of July 2021 Net sales: Total sales revenue Net sales revenue Operating expenses Total Operating income Total Operating income Non-operating items: Total 2-a. Calculate the inventory turnover ratio for the month of July. Inventory Turnover Ratio II 3. Calculate the gross profit ratio for the month of July. Gross Profit Ratio II =