Account balances at the beginning of the year were: accounts receivable, $170,000; and inventory, $300,000. All sales were on account. Assets at the beginning of the year totaled $1,050,000, and the stockholders equity totaled $625,000. Compute the following:

1. Gross margin percentage.

2. Net profit margin percentage.

3. Return on total assets.

4. Return on equity.

5. Was financial leverage-positive or negative for the year