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You are given the following information for Smashville, Inc. Cost of goods sold: $ 175,000 Investment income: $ 2,800 Net sales: $ 237,000 Operating expense:

You are given the following information for Smashville, Inc.

Cost of goods sold: $ 175,000
Investment income: $ 2,800
Net sales: $ 237,000
Operating expense: $ 42,000
Interest expense: $ 7,400
Dividends: $ 10,000
Tax rate: 30 %

Current liabilities: $ 18,000
Cash: $ 21,000
Long-term debt: $ 10,000
Other assets: $ 36,000
Fixed assets: $ 89,000
Other liabilities: $ 5,000
Investments: $ 12,000
Operating assets: $ 24,000

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. Omit the "%" sign in your response.)

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

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