Use the information given to calculate the necessary ratios:

Food sales $60,000

Cost of food sold $20,000

Administrative expenses $4,000

Selling expenses $2,500

Supplies expenses $3,000

Calculate the following:

A Food cost percentage

B Administrative expenses as a percentage of sales

C selling expenses as a percentage of sales

D Supplies expense as a percentage of sales

E Gross profit percentage

F Net Income percentage