The financial statements for Castile Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recetvable, $180,000; and inventory, $350,000, All sales were on account. Assets at the beginning of the year totaled $1,100,000, and the stockholders' equity totaled $645.000. Required: Compute the following: Note: For Requirements 1 to 4 , enter your percentage answers rounded to 2 decimal places ( (4,0,0.1234 should be entered as 12.34). 1. Gross margin percentage. 2. Net profit margin percentage. 3 Retium on total assets 4. Return on equity. 5. Was financial leverege positve or negative for the year