Exercise $6-16($Algo$)$ Calculate levels of profitability for a multiple$-$step income statement and the gross profit ratio $($LO$6-2,6-7)$

Below are amounts found in the income statements of three companies.

$\backslash$table$[[,,$Cost of Goods,Operating,Nonoperating,Income Tax$],[$Company$,$Net Sales,Sold,Expenses,Expenses,Expense$],[$Henry$,$$$12,000,$$$3,000,$$$4,000,$$$1,000,$$$1,000$