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You are given the following information for Smashville, Inc. Cost of goods sold: $ 254,000 Investment income: $ 3,000 Net sales: $ 379,000 Operating expense:

You are given the following information for Smashville, Inc.

Cost of goods sold: $ 254,000
Investment income: $ 3,000
Net sales: $ 379,000
Operating expense: $ 84,000
Interest expense: $ 7,400
Dividends: $ 17,000
Tax rate: 35 %

Current liabilities: $ 28,000
Cash: $ 21,000
Long-term debt: $ 8,000
Other assets: $ 38,000
Fixed assets: $ 169,000
Other liabilities: $ 5,000
Investments: $ 14,000
Operating assets: $ 41,000

Calculate the gross margin, the operating margin, return on assets, and return on equity. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Gross margin %
Operating margin %
Return on assets %
Return on equity %

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