Gulf Controls, Inc., has a net profit margin of 12 percent and earnings after taxes of $800,000. Its current balance sheet follows: Current assets $1,900,000 Current liabilities $ 800,000 Fixed assets 2,200,000 Long-term debt 1,000,000 Total assets $4,100,000 Common stock 600,000 Retained earnings 1,700,000 Total liabilities and stockholders equity $4,100,000

Calculate Gulfs return on stockholders equity. Round your answer to the nearest whole number. %

The industry average ratios are as follows: Net profit margin 9% Total asset turnover 1.43 times Equity multiplier 1.64 times

Compare Gulf Controls with the average firm in the industry. Round your answer for net profit margin to the nearest whole number and round your answers for both total asset turnover and equity multiplier to two decimal places.

Net profit margin of % is Higher or Lower than industry average.

Total asset turnover of times is Higher or Lower than industry average.

Equity multiplier of times is Higher or Lower than industry average.