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Maggie's Skunk Removal Corp's 2018 income statement listed net sales of $12.9 million, gross profit of $760 million, EBIT of $6.0 million, net income available

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Maggie's Skunk Removal Corp's 2018 income statement listed net sales of $12.9 million, gross profit of $760 million, EBIT of $6.0 million, net income available to common stockholders of $3.6 million, and common stock dividends of $16 million. The 2018 year-end balance sheet listed total assets of $52.9 million and common stockholders' equity of $214 million with 20 million shares outstanding. Calculate the gross profit margin. (Round your answer to 2 decimal places.) Gross profit margin Calculate the operating profit margin (Round your answer to 2 decimal places.) Operating profit margin % Calculate the profit margin. (Round your answer to 2 decimal places.) Profit margin 94 5 Calculate the basic earnings power. (Round your answer to 2 decimal places.) Basic earnings power % 8.33 points eBook Calculate the return on assets. (Round your answer to 2 decimal places.) Hint Ask Return on assets % 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 %

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