Che 4 Problem 3-7 Profitability Ratios (LG3-4) 2.5 polet Maggie's Skunk Removal Corp's 2021 income statement isted net sales of $13.8 millon, gross profit of $8.70 million EBIT of $6.9 million, net income available to common stockholders of $4.5 million, and common stock dividends of $2.5 million. The 2021 year-end balance sheet listed total assets of $53.8 million and common stockholders' equity of $22,3 million with 20 milion shares outstanding, Calculate the gross profit margin. (Round your answer to 2 decimal places.) Book Gross profit margin Print Calculate the operating profit margin. (Round your answer to 2 decimal places.) References Operating proft margin Calculate the profit margin. (Round your answer to 2 decimal places.) Pro margin 4 Calculate the basic earnings power. (Round your answer to 2 decimal places.) Basic eaming power 12 83% 2.5 points eBook Calculate the return on assets. (Round your answer to 2 decimal places.) Return on assets Hint % Print References Calculate the return on equity. (Round your answer to 2 decimal places.) Return on equity % Calculate the dividend payout. (Round your answer to 2 decimal places.) Dividend payout %