1.	Gross margin percentage. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)

2.	Net profit margin percentage. (Round your answer to the nearest whole percentage place (i.e., 0.1234 should be entered as 12%).)

3.	Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

4.	Return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

The financial statements for Castile Products, Inc., are given below Castile Products, Inc. Balance Sheet December 31 Assets Current assets $18,000 240,000 390,000 7,000 Cash Accounts receivable, net Merchandise inventory Prepaid expenses 655,000 900,000 Total current assets Property and equipment, net Total assets Liabilities and Stockholders' Equity $1,555,000 Liabilities Current liabilities Bonds payable, 9% $ 270,000 330,000 600,000 $ 190,000 Total liabilities Stockholders' equity: Common stock, $10 par value Retained earnings 765,000 955,000 $1,555,000 Total stockholders' equity Total liabilities and stockholders' equity Castile Products, Inc. Income Statement For the Year Ended December 31 Sales Cost of goods solo $2,120,000 1,200,000 Gross margin Selling and administrative expenses 920,000 660,000 Net operating income Interest expense 260,000 29,700 Net income before taxes Income taxes (30%) 230,300 69,090 Net income $ 161,210 Account balances at the beginning of the year were: accounts receivable, $150,000; and inventory $350,000. All sales were on account. Assets at the beginning of the year totaled $1,080,000, and the stockholders' equity totaled $715,000