Problem 3-7 Profitability Ratios (LG3-4) Maggie's Skunk Removal Corp.'s 2015 income statement listed net sales of $13.6 million, gross profit of $8.40 million, EBIT of $6.7 million, net income available to common stockholders of $4.3 million, and common stock dividends of $2.3 million. The 2015 year-end balance sheet listed total assets of $53.6 million and common stockholders' equity of $22.1 million with 2.0 million shares outstanding. Caloulate the profit margin. (Round your answer to 2 decimal places.) in Calculate the profit margin. (Round your answer to 2 decimal places.) ross margin Calculate the profit margin. (Round your answer to 2 decimal places.) Calculate the basic earnings power. (Round your answer to 2decimal places.) ma