The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Aldine Inc. as they appear on the company's adjusted trial balance.

Accounts Payable$9,000

Accounts Receivable19,000

Inventory21,600

Advertising Expense16,000

Cost of Goods Sold121,000

Delivery Expense6,800

Income Tax Expense3,700

Insurance Expense1,000

Rent Expense15,200

Sales Revenue240,000

Sales Discounts10,200

Sales Returns31,000

Required:

Using the above data, calculate all of the following:

1.Net Sales Revenue:

2.Gross Profit:

3.Income from Operations:

4.Net Income:

5.Gross Profit Ratio(round to 1 decimal place):