DuPont Analysis Refer to Gorky's financial statements in Exercise 13-69 and the information below.

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1. Perform DuPont analysis (in percentage terms, rounded to two decimal places) for 2017 and 2018 .
2. CONCEPTUAL CONNECTION Explain what you learn about Gorky's trends from 2017 to 2018 by comparing its performance to the industry averages.

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Statement Item Total assets Total shareholders' equity January 1, 2017 (in millions) $3.485,233 2.083.122 Year Ended December 31, Industry Averages 2018 2017 Return on equity 5.31% 12.54% Profit margin 4.00 6.21 Asset turnover 0.83 1.96 Leverage 1.60 1.03