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

Joe's Fish Hut Balance Sheet As at March 31
	2018	2017
ASSETS
Current Assets
Cash	$156,164	$56,900
Accounts receivable	$24,000	$10,200
Merchandise Inventory	$21,800	$26,800
Total Current Assets	$201,964	$93,900
Property, plant & equipment	$132,000	$182,000
Less: Accumulated depreciation	$-26,000	$-20,800
TOTAL ASSETS	$307,964	$255,100
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$27,900	$36,700
Notes Payable-Current Portion	$8,400	$8,400
Total Current Liabilities	$36,300	$45,100
Notes Payable-Noncurrent Portion	$79,000	$59,000
TOTAL LIABILITIES	$115,300	$104,100
Stockholders' Equity
Common stock	$72,000	$50,200
Retained earnings	$120,664	$100,800
TOTAL STOCKHOLDERS' EQUITY	$192,664	$151,000
TOTAL LIABILITIES AND EQUITY	$307,964	$255,100

Joe's Fish Hut Income Statement For the Year Ended March 31, 2018
Sales	$134,000
COGS	$85,500
Gross Profit	$48,500
Operating Expenses
Insurance Expense	$830
Rent Expense	$4,570
Salaries Expense	$5,230
Telephone Expense	$710
Interest Expense	$1,400
Depreciation Expense	$5,200
Total Operating Expenses	$17,940
Operating Profit Before Tax	$30,560
Income Tax Expense	$10,696
Net Profit (Loss)	$19,864

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