Calculate the gross and operating margins for Kiwi Fruit.

Amounts are in thousands of dollars (except number of shares and price per share):

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Klwl Frult Company Balance Sheet $ 550 Cash and equivalents Operating assets 620 2,900 Property, plant, and equlpment Other assets 110 Total assets $4,180 Current liabilities $ 950 Long-term debt 1,340 120 Other llabilitles Total llabilitles $2,410 Pald In capital $ 340 Retalned earnings 1,430 Total equity $1,770 Total labilities and equity $4.180 Klwi Frult Company Income Statement $ 8,400 Net sales Cost of goods sold (6,200) $ 2,200 Gross profit Operating expense (1,090) $ 1,110 Operating Income Other Income 105 Net Interest expense (200) $ 1,015 Pretax Income Income tax (305) Net Income 710 Earnings per share $ 1.78 Shares outstanding 400,000 Recent price $43.00 Klwl Frult Company Cash Flow Statement $ 710 Net Income Depreclation and amortization 205 Changes In operating assets (105) Changes In current llabilities (180) Operating cash flow $ 205 Net additions to propertles Changes In other assets (80) Investing cash flow 125 $ (250) Issuance/redemption of long-term debt Dvidends pald (300) $ (550) Financing cash flow Net cash Increase $ 205