The balance sheet and income statement for Joe's Fish Hut are presented below:

Joe's Fish Hut Balance Sheet As at October 31
	2018	2017
ASSETS
Current Assets
Cash	$190,462	$69,700
Accounts receivable	$17,600	$12,400
Merchandise Inventory	$20,500	$28,900
Total Current Assets	$228,562	$111,000
Property, plant & equipment	$141,000	$171,000
Less: Accumulated depreciation	$-26,600	$-20,100
TOTAL ASSETS	$342,962	$261,900
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$26,500	$36,300
Notes Payable-Current Portion	$8,500	$8,500
Total Current Liabilities	$35,000	$44,800
Notes Payable-Noncurrent Portion	$82,000	$42,000
TOTAL LIABILITIES	$117,000	$86,800
Stockholders' Equity
Common stock	$82,000	$51,600
Retained earnings	$143,962	$123,500
TOTAL STOCKHOLDERS' EQUITY	$225,962	$175,100
TOTAL LIABILITIES AND EQUITY	$342,962	$261,900

Joe's Fish Hut Income Statement For the Year Ended October 31, 2018
Sales	$136,000
COGS	$83,900
Gross Profit	$52,100
Operating Expenses
Insurance Expense	$950
Rent Expense	$5,080
Salaries Expense	$5,310
Telephone Expense	$800
Interest Expense	$1,980
Depreciation Expense	$6,500
Total Operating Expenses	$20,620
Operating Profit Before Tax	$31,480
Income Tax Expense	$11,018
Net Profit (Loss)	$20,462

Complete the following ratio analysis.

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Calculate the gross profit margin for the 2018. Gross Profit Margin: Answer % b) Calculate the net profit margin for 2018. Net Profit Margin: Answer % c) Calculate the return on equity for 2018. Return on Equity: Answer % d) Calculate the return on assets for 2018. Return on Assets: Answer % e) Calculate the asset turnover ratio for 2018. Asset turnover: Answer times