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.)

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 Total assets $ 460 700 2,900 135 $ 4,195 Current liabilities Long-term debt Other liabilities Total liabilities Paid in capita.l Retained earningS Total equity Total liabilities and equity $ 920 1,345 145 2,410 $ 365 1,420 1,785 $ 4,195 Kiwi Fruit Company Income Statement Net sales Cost of goods sold Gross profit Operating expense Operating income Other income Net interest expense Pretax income Income tax Net income $7,900 (6,000 $1,900 860 $1,040 130 200 970 220 750 Earnings per share Shares outstanding $2.50 300,000 $ 29.00 Recent price