Ratio Corporation as of December 31, 2020

Trading and Profit & Loss Account

Particular	$	Particular	$
To Opening Stock Purchases Carriage and Freight Wages Gross Profit b/d Cost Goods Sold To Administration expenses Selling and Dist. expenses Nonoperating expenses Financial Expenses Net Profit c/d	76,250 315,250 2,000 5,000 200,000 598,500 101,000 12,000 2,000 7,000 84,000 206,000	By Sales Closing stock By Gross Profit b/d Nonoperating incomes: Interest on Securities Dividend on shares Profit on sale of shares	500,000 98,500 598,500 200,000 1,500 3,750 750 206,000

Compute the following ratios for Ratio Corporation as of December 31, 2020. Round your answers to two decimal places.

1. Gross Profit Ratio

2. Net Profit Ratio

3. Stock Turnover Ratio.