Ivanhoe Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2015 and 2016 follow.

Calculate the following profitability ratios for 2016.(Round answers to 1 decimal place, e.g. 50.1%.)

a.Gross margin percentage___ %

b.Return on assets ___ %

c.Return on common stockholders' equity ___ %

Please see data below/attached.

Thank you.

Ivanhoe Medical Comparative Balance Sheet As of December 31 2016 2015 Assets Current assets Cash $398,000 $417,450 Accounts receivable, net 1,065,200 776,500 Inventory 742,000 681,100 Other current assets 381,000 247,000 Total current assets 2,586,200 2,122,050 Property, plant, & equipment, net 9,291,805 8,406,515 Total assets $11,878,005 $10,528,565 Liabilities and Stockholders' Equity Current liabilities $3,101,000 $2,846,050 Long-term debt 3,702,600 3,892,600 Total liabilities 6,803,600 6,738,650 Preferred stock, $5 par value 58,800 58,800 Common stock, $0.25 par value 111,000 103,850 Retained earnings 4,904,605 3,627,265 Total stockholders' equity 5,074,405 3,789,915 Total liabilities and stockholders' equity $11,878,005 $10,528,565 Ivanhoe Medical Comparative Income Statement and Statement of Retained Earnings For the Year 2016 2015 Sales revenue (all on account) $10,920,000 $9,614,000 Cost of goods sold 5,269,000 5,298,700 Gross prot m m Operating expenses 2,840,300 2,634,150 Net operating income W W Interest expense 371,000 308,700 Net income before taxes W W Income taxes (30%) 731,910 411,735 Net income $1,707,790 $960,715 Dividends paid Preferred dividends 29,450 29,450 Common dividends 401,000 454,000 Total dividends paid 430,450 483,450 Net income retained W W Retained earnings, beginning of year 3,627,265 3,150,000 Retained earnings, end of year $4,904,605 $3,627,265