Question: can someone please show me how to do this problem. Peyton companies sales rose 12 percent over the prior years sales of 100,000 however net

can someone please show me how to do this problem. Peyton companies sales rose 12 percent over the prior years sales of 100,000 however net income increased by only 5 percent over the prior years net income. if Peytons prior year return on sales ratio was 8 percent, what is the current years return on sales ratio? Thank you ahead of time for your help

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