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U Stores Ltd. had the following account balances at December 31, 2021: REQUIRED - Create a multiple step income statement and answer the following questions.

image text in transcribed U Stores Ltd. had the following account balances at December 31, 2021: REQUIRED - Create a multiple step income statement and answer the following questions. You do not have to hand in the income statement - it is rough work only. What is total net sales for this company? A What is total gross profit for this company? A What is total operating expenses for this company? A What is net income for this company? A What is the company's gross profit ratio, also called gross profit margin ratio? Just enter the digits without decimals or punctuation. For example, if the answer is 63% (it isn't), just enter 63 - do not enter 63%,.63,0.63 or any other variation. Just the digits. A

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