Profitability Analysis Kolby Enterprises reports the following information on its income statement: Aequired Galculate Kolty's...
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Profitability Analysis Kolby Enterprises reports the following information on its income statement: Aequired Galculate Kolty's gross profit percentage and return on sales ratia. Koloy is planning to add a new product and expects net sales to be $30,000 and cost of goods to be 525,000 . No cther income or expenses are expected to change How will this alfect Kolby's gross profit percentage and return on stles ratio? (Round all answers to 1 decimal place)
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