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Question 5 Not complete Mark 0.00 out of 4.00 Flag question Profitability Analysis Alex Enterprises reports the following information on its year-end income statement: Net

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Question 5 Not complete Mark 0.00 out of 4.00 Flag question Profitability Analysis Alex Enterprises reports the following information on its year-end income statement: Net Sales $320,000 Operating Expenses 560,000 Cost of Goods Sold 180,000 Other Income 20.000 Required Calculate Alex's gross profit percentage and return on sales ratio. (Round answer to one decimal place.) Gross profit percentage- 0% X Return on sales ratio- 0% X

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