Given the following information for smashville

Reference no: EM131133872

You are given the following information for Smashville, Inc. 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: 40 % 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. (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 %

Reference no: EM131133872

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