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					190,000
Merchandise inventory					350,000
Prepaid expenses					9,000
Total current assets					568,000
Property and equipment, net					910,000
Total assets				$	1,478,000
Liabilities and Stockholders' Equity
Liabilities:
Current liabilities				$	280,000
Bonds payable, 10%					340,000
Total liabilities					620,000
Stockholders equity:
Common stock, $5 par value				$	160,000
Retained earnings					698,000
Total stockholders equity					858,000
Total liabilities and stockholders' equity				$	1,478,000

Castile Products, Inc. Income Statement For the Year Ended December 31
Sales	$	2,250,000
Cost of goods sold		1,170,000
Gross margin		1,080,000
Selling and administrative expenses		580,000
Net operating income		500,000
Interest expense		34,000
Net income before taxes		466,000
Income taxes (30%)		139,800
Net income	$	326,200

Account balances at the beginning of the year were: accounts receivable, $170,000; and inventory, $310,000. All sales were on account. Assets at the beginning of the year totaled $1,020,000, and the stockholders equity totaled $705,000.

Required:

Compute the following: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34

1. Gross Margin Percentage?

2. Net profit margin percentage?

3. Return on total assets?