The $2021$ income statement of Adrian Express reports sales of $$22,310,000,$ cost of goods sold of $$13,000,000,$ and net income of $$2,300,000.$ Balance sheet information is provided in the following table.

ADRIAN EXPRESS

Balance Sheets

December $31,2021$ and $2020$

$20212020$

Assets

Current assets:

Cash $ $1,000,000$ $ $1,010,000$

Accounts receivable $1,975,0001,325,000$

Inventory $2,525,0001,875,000$

Long$-$term assets $5,200,0004,490,000$

Total assets $ $10,700,000$ $ $8,700,000$

Liabilities and Stockholders' Equity

Current liabilities $ $2,250,000$ $ $1,940,000$

Long$-$term liabilities $2,670,0002,680,000$

Common stock $2,275,0002,125,000$

Retained earnings $3,505,0001,955,000$

Total liabilities and stockholders' equity $ $10,700,000$ $ $8,700,000$

Industry averages for the following profitability ratios are as follows:

Gross profit ratio $45$

$\%$

Return on assets $25\%$

Profit margin $15\%$

Asset turnover $16\mathrm{.}5$ times

Return on equity $35\%$

Required:

$1.$ Calculate the five profitability ratios listed above for Adrian Express. $($Round your answers to $1$ decimal place.$)$