Problem 3-7 Profitability Ratios (LG3-4) Maggie's Skunk Removal Corp.'s 2021 income statement listed net sales of $12.6 million, gross profit of $7.10 million, EBIT of $5.7 million, net income available to common stockholders of $3.3 million, and common stock dividends of $1.3 million. The 2021 year-end balance sheet listed total assets of $52.6 million and common stockholders' equity of $21.1 million with 2.0 million shares outstanding. Calculate the gross profit margin. (Round your answer to 2 decimal places.) Gross profit margin 0.56% Calculate the operating profit margin. (Round your answer to 2 decimal places.) Operating profit margin 45.00% Calculate the profit margin. (Round your answer to 2 decimal places.) Profit margin 26.00 % Calculate the basic earnings power. (Round your answer to 2 decimal places.) Basic earnings power % Calculate the return on assets. (Round your answer to 2 decimal places.) Return on assets % 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 %