The financial statements of EarthCare Landscaping include the following items: 2019 Balance Sheet 2020 Cash $91000 Short-term investments 26000 Net receivables 65000 Inventory 112000 Prepaid expenses 1200 Total current assets $295200 Total current liabilities 45000 Income Statement Net sales $646000 Cost of goods sold $439000 Net income $46000 Cash Flow Statement: Net cash provided by operations $72000 $72000 12000 70000 88000 1500 $243500 52000 $532000 $385000 $33000 $57000 Required: The owners of EarthCare Landscaping are wondering what percentage of each sales dollar is earned as net income. Calculate one ratio for 2020 that will answer the owners question. Round your final answer to 2 decimal places and convert to a percentage (however do not enter the % sign in your answer) Answer MacBook Air