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Amounts are in thousands of dollars (except number of shares and price per share) Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property,
Amounts are in thousands of dollars (except number of shares and price per share) Kiwi Fruit Company Balance Sheet Cash and equivalents Operating assets Property, plant, and equipment Other assets $ 630 830 3,600 200 $5,260 Total assets $1,100 1,970 210 Current liabilities Long-term debt Other liabilities $3,280 Total liabilities $ 430 1,550 Paid in capital Retained earnings Total equity Total liabilities and equity $1,980 $5,260 Kiwi Fruit Company Income Statement Net sales Cost of goods sold $ 9,800 (7,600) $ 2,200 (490) Gross profit Operating expense $ 1,710 195 (200) Operating income Other income Net interest expense $ 1,705 (285) Pretax income Income tax $ 1,420 Net income $1.60 887,500 $ 34.00 Earnings per share Shares outstanding Recent price Kiwi Fruit Company Cash Flow Statement Net income Depreciation and amortization Changes in operating assets Changes in current liabilities $1,420 206 (60) (122) $1,444 Operating cash flovw $ 235 (80) Net additions to properties Changes in other assets $ 155 Investing cash flow Issuance/redemption of long-term debt $ (206) (196) Dividends paid Financing cash flovw Net cash increase $ (402) $1,197 Calculate the gross and operating margins for Kiwi Fruit. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Gross margin Operating margin
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