Question 7 0.3 pts From the information below determine gross profit margin: Sales - $250,000 Gross Profit = $30,000 Net Profit before Interest and tax - $37,500 Average Assets = $240,000 O 15% 20% 35% 12% D Question 8 0.3 pts From the information below, determine return on shareholders' equity Sales = $2,000,000 Net Profit after Interest and Tax = $135,000 Average Shareholders' Equity = $1,350,000 10% O 12.5% 5% O 8%