Ratio Analysis

The following information was taken from Division Manufacturing's December $31$st trial balances for this year and the

previous year.

Required:

Calculate the gross profit margin and operating margin percentage for this year. Round your answers to two

decimal places. Use rounded answers in subsequent computations.

This Year

Gross profit margin percentage

Operating margin percentage

Assuming that all of the operating expenses are fixed $($or$,$ won't change as sales increase or decrease$),$ what will

be the operating margin percentage if net sales increase by $30\%?$ Round your answer to two decimal places.

Operating margin percentage