Ratio Corporation as of December 31, 2021. Trading and Profit and Loss Account Particular $ To Opening Stock 76,250 By Sales Particular $ 500,000 Purchases 315,250 Closing stock 98,500 Carriage and Freight 2,000 Wages 5,000 Gross Profit b/d 200,000 598,500 Cost Goods Sold 598,500 To Administration expenses By Gross Profit b/d Selling and Dist. expenses Non-operating incomes: 200,000 Non-operating expenses 101,000 Interest on Securities Financial Expenses 12,000 Dividend on shares 1,500 Net Profit c/d 2,000 Profit on sale of shares 3,750 7,000 750 84,000 206,000 206,000 Compute the following ratios for Ratio Corporation as of December 31, 2021. Round your answers to two decimal places. 1. Gross Profit Ratio 2. Net Profit Ratio 3. Stock Turnover Ratio. I