Can you help calculate the following profitability ratios for 2021?

The following condensed information is reported by Sporting Collectibles.

	2021				2020
Income Statement Information
Sales revenue	$	12,144,000			$	8,800,000
Cost of goods sold		7,893,600				6,300,000
Net income		382,720				288,000
Balance Sheet Information
Current assets	$	1,640,000			$	1,540,000
Long-term assets		2,240,000				1,940,000
Total assets	$	3,880,000			$	3,480,000
Current liabilities	$	1,240,000			$	940,000
Long-term liabilities		1,460,000				1,460,000
Common stock		840,000				840,000
Retained earnings		340,000				240,000
Total liabilities and stockholders' equity	$	3,880,000			$	3,480,000

1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.)

	Profitability Ratios
a.	Gross profit ratio		%
b.	Return on assets		%
c.	Profit margin		%
d.	Asset turnover		times
e.	Return on equity		%