You are given the following information for Smashville, Inc Cost of goods sold Investment income Net sales Operating expense Interest expense Dividends Tax rate $204,000 $2,000 $369,000 $80,000 $7,400 $10,000 21 Current liabilities Cash Long term debt Other assets Fixed assets Other liabilities Investments Operating assets $16,000 $21,000 $28,000 $36,000 $163,000 $5,000 $40,000 $35,000 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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You are given the following information for Smashville, Inc  Cost of goods sold  Investment income  Net sales  Operating expense  Interest expense  Dividends  Tax rate  $204,000 $2,000 $369,000 $80,000 $7,400 $10,000 21  Current liabilities  Cash  Long term debt  Other assets  Fixed assets  Other liabilities  Investments  Operating assets  $16,000 $21,000 $28,000 $36,000 $163,000 $5,000 $40,000 $35,000 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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You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales:

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Accounting for Governmental and Nonprofit Entities

You are given the following information for Smashville, Inc. Cost of goods sold: Investment income: Net sales:

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Accounting for Governmental and Nonprofit Entities

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