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1d: Using the ratios below, appraise the trend (2007-09) of Flash's profitability. Fill out the table and write your brief analysis below. 2007 2008 2009

1d: Using the ratios below, appraise the trend (2007-09) of Flash's profitability. Fill out the table and write your brief analysis below.
2007 2008 2009 TREND
Gross margin 18.9% 15.5% 18.9% 0.0%
Net profit margin 2.9% 0.2% 2.8% -3.4%
Return on sales 5.6% 1.1% 5.5% -1.8%
Return on total assets 8.1% 0.4% 7.1% -12.3%
Return on equity (ROE) 13.3% 0.8% 12.7% -4.5%
Return on invested capital (ROIC) 9.2% 1.7% 8.5% -7.6%

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