Profitability Analysis Kolby Enterprises reports the following information on its income statement: Required Calculate Kolby's gross prfit percentage and return on sales ratio. Kolby is planning to add a new product an expenses are expected to change. How will this affect Kolby's gross profit percentage and return on sales rati (Round all answers to 1 decimal place.) Profitability Analysis Kolby Enterprises reports the following information on ite inrome statement: Required Calculate Kolby's gross profit percentage and return on sales ratio. Kolby is planning to a expenses are expected to change. How will this affect Kolby's gross profit percentage an (Round all answers to 1 decimal place.) Profitability Analysis Kolby Enterprises reports the following information on its income statement: Required Calculate Kolby's gross profit percentage and return on sales ratio. Kolby is planning to add a new product and expects net sales to be $30,000 and cost of g expenses are expected to change. How will this affect Kolby's gross profit percentage and return on sales ratio? (Round all answers to 1 decimal place.) Profitability Analysis Kolby Enterprises reports the following information on its income statement: Required Calculate Kolby's gross prfit percentage and return on sales ratio. Kolby is planning to add a new product an expenses are expected to change. How will this affect Kolby's gross profit percentage and return on sales rati (Round all answers to 1 decimal place.) Profitability Analysis Kolby Enterprises reports the following information on ite inrome statement: Required Calculate Kolby's gross profit percentage and return on sales ratio. Kolby is planning to a expenses are expected to change. How will this affect Kolby's gross profit percentage an (Round all answers to 1 decimal place.) Profitability Analysis Kolby Enterprises reports the following information on its income statement: Required Calculate Kolby's gross profit percentage and return on sales ratio. Kolby is planning to add a new product and expects net sales to be $30,000 and cost of g expenses are expected to change. How will this affect Kolby's gross profit percentage and return on sales ratio? (Round all answers to 1 decimal place.)