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Question 9 8 pts Consider the following information from the financial statements for Rock Inc. Last Year This Year 25,375 36,866 174,258 Accounts Receivable 20,445

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Question 9 8 pts Consider the following information from the financial statements for Rock Inc. Last Year This Year 25,375 36,866 174,258 Accounts Receivable 20,445 Inventory 38,406 Total Current Assets 171,079 Total Assets 462,522 Total Current Liabilities 23,833 Total Liabilities 296,030 409,379 27,926 335,914 Sales Cost of Goods Sold Operating Expenses Tax Expense 446,020 131,489 135,266 Calculate this years' gross profit ratio. (enter 2 decimal places. e.g.enter 2968 as 30)

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