Use the data below to do the following: -Calculate Gross Profit Margin, Operating Profit Margin, Net Profit Margin, Return on Assets, Return on Equity. ALL should be expressed as percentages This data is also available as a spreadsheet on the ICON home page under the module for the week the homework is due. It will likely be easier to use the spreadsheet and learning excel will be helpful in your career. Income Statement Information Net Revenue $ 146,400 Cost of Goods Sold $ 53,000 93,400 $ $ Gross Profit Operating Expenses Selling expenses Overhead expenses Depreciation Total Operating Expenses Operating Profit 22,580 26,196 $ $ 2,400 $ 51,176 $ 42,224 Interest $ 3,844 38,380 Profit Before Taxes $ Income Taxes $ 8,060 Net Profit $ 30,320 Balance Sheet Information Current Assets Cash $ ta 20,000 Accounts Receivable $ 6,000 $ ta Inventory Total Current Assets 28,000 54,000 $ Long Term Assets Land $ $ $ Buildings Equipment Accumulated Depreciation Total Long-Term Assets 50,000 175,000 80,000 (40,000) 265,000 $ $ Total Assets $ 319,000 Current Liabiliites Accounts Payable $ 15,000 Total Current Liabilities $ 15,000 $ Long-Term Liabilities Long-Term Note Payable Long-Term Loan Total Long-Term Liabilities 20,000 104,000 $ $ 124,000 Total Liabilities $ 139,000 $ 176,000 Owners Equity Paid In Capital Retained Earnings Total Owners Equity $ 4,000 $ 180,000 Total Liabilties plus Owners Equity $ 319,000