The financial statements for Castile Products, Inc., are given below:

Castile Products, Inc. Balance Sheet December 31
Assets
Current assets:
Cash				$	19,000
Accounts receivable, net					200,000
Merchandise inventory					330,000
Prepaid expenses					8,000
Total current assets					557,000
Property and equipment, net					880,000
Total assets				$	1,437,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities				$	290,000
Bonds payable, 12%					360,000
Total liabilities					650,000
Stockholders equity:
Common stock, $5 par value				$	120,000
Retained earnings					667,000
Total stockholders equity					787,000
Total liabilities and stockholders' equity				$	1,437,000

Castile Products, Inc. Income Statement For the Year Ended December 31
Sales	$	2,170,000
Cost of goods sold		1,200,000
Gross margin		970,000
Selling and administrative expenses		640,000
Net operating income		330,000
Interest expense		43,200
Net income before taxes		286,800
Income taxes (30%)		86,040
Net income	$	200,760

Account balances at the beginning of the year were: accounts receivable, $230,000; and inventory, $350,000. All sales were on account. Assets at the beginning of the year totaled $1,050,000, and the stockholders equity totaled $645,000.

Required:

Compute the following:

1.	Gross margin percentage. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)

2.	Net profit margin percentage. (Round your answer to the nearest whole percentage place (i.e., 0.1234 should be entered as 12%).)

3.	Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)

4.	Return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)