1.Procter & Gamble reported the following information for its fiscal year end: On net sales of $47.902 billion, the company earned net income after taxes of $4.725 billion. It had a cost of goods sold of $21.291 billion and EBIT of $9.910 billion. What are the companys gross profit margin, operating profit margin, and net profit margin? (Round answers to 1 decimal place, e.g.12.5%.)

2.For the year ended June 30, 2011, Northern Clothing Company has total assets of $99,583,100, ROA of 14.90 percent, ROE of 19.82 percent, and a profit margin of 10.41 percent. What are the company's net income and net sales? Calculate the firm