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Using the attached, can you help determine three financial ratios that can be used to compute general or overall profitability? ABC iiIiompanilir Income Statement For

Using the attached, can you help determine three financial ratios that can be used to compute general or overall profitability?

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ABC iiIiompanilir Income Statement For the Period Ending December 31, 20K! Revenues 5 525,000 Cost of sales 200.000 lGross profit 5 325.000 Operating expenses Salaries 5 100,000 Lease for office 30,000 Advertising and promotion 24,000 Utiliies 12,?50 Property ta xes 13,000 Payroll taxes 1 1,500 Insurance 8,000 Depreciation 20,000 Miscellaneous expenses 9,000 Total operating expenses 5 233,250 Dperati ng income 5 9 1,?50 Interest income :3 250 Interest expense 15,000 Net interest expense 5 14,?50 Net income $ \".000

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