Compute four ratios that measure Sudbury Industries ability to earn profits. The company's comparative income statement follows. The data for 2010 are given as needed.

Did the company's operating performance improve or deteriorate during 2012?

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Sudbury Industries Comparative Income Statement Years Ended December 31, 2012, 2011, and 2010 in thousands) 2012 2011 2010 $198,830 $160,625 106,000 98,000 44,000 36,000 Net Cost of goods Selling and administrative expenses Interest expense Income tax expense Net i 21,4472,705 $ 19,883 15,420 Additional data: Total a Common stockholders' equity Preferred d Common shares outstanding during the year $204,000 $190,000 $178,000 $88,000 81,430 78,570 2,940 2,9400 16,943 14,500 .16,943