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You are given the following information for Smashville, Incorporated. Cost of goods sold: $ 1 7 4 , 0 0 0 Investment income: $ 1

You are given the following information for Smashville, Incorporated.
Cost of goods sold: $ 174,000
Investment income: $ 1,400
Net sales: $ 379,000
Operating expense: $ 86,000
Interest expense: $ 7,400
Dividends: $ 8,000
Tax rate: 21%
Current liabilities: $ 21,000
Cash: $ 21,000
Long-term debt: $ 46,000
Other assets: $ 38,000
Fixed assets: $ 130,000
Other liabilities: $ 3,000
Investments: $ 34,000
Operating assets: $ 64,000
Calculate the gross margin, the operating margin, return on assets, and return on equity.

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