33. An analyst has compiled the following data for a company FY 2016 FY 2017 20% 3% 2.0 FY 2018 ROE ROA Asset Turnover 19.8% 8.1% 2.0 22% 7.9% 2.1 Based only on the above information, the MOST appropriate conclusion is that over the three year period, the company's a. Net margin and financial leverage have decreased b. Net margin and financial leverage have increased c. Net margin has increased but financial leverage has decreased d. Net margin has decreased but financial leverage has increased