Question 3-7: Profitability Ratios Maggie's Skunk Removal Corp.'s 2018 income statement listed net sales = $12.5 million, gross profit of $6.9 million, EBIT = $5.6 million, net income available to common stockholders = $3.2 million, and common stock dividends = $1.2 million. The 2018 year-end balance sheet listed total assets of $52.5 million and common stockholders' equity of $21 million with 2 million shares outstanding. Calculate the gross profit margin, operating profit margin, profit margin, basic earnings power, ROA, ROE, and dividend payout. Question 3-28: Sustainable Growth Rate You have located the following information on Webb's Heating & Air Conditioning: debt ratio is 54 percent, capital intensity ratio is 1.10 times, profit margin is 12.5 percent, and dividend payout ratio is 25 percent. Calculate the sustainable growth rate for Webb