Q$1.$ Jane Co$.$ has the following statement of profit or loss figures for the year ending $31$st December $2022$:

Profit for the year: $$3,450$

Profit before tax: $$4,600$

Operating profit: $$12,000$

Revenue: $$120,000$

Gross profit: $$36,000$

Calculate Jane Co's gross profit percentage for the year ending $31$st December $2022.$

Q$2.$ Using the following financial data, calculate Return on Assets:

$2022$

$2021$

Net Income

$$600$

$$550$

Total Assets

$$7,000$

$$6,000$