4, P7-85B (similar to) Part 1 of 10 HW Score: 61.56%, 24.62 of 40 points O Points: 0 of 7 Save Green Shop Corporation operates general merchandise and food discount stores in the United States. The company reported the following information for the three years ending December 31, 2020: Click the icon to view the consolidated statements of operations.) icon to view the partial balance sheets.) Read the requirements. (Click the Requirement 1. Compute the net profit margin ratio for Green Shop for the years ended December 31, 2020, and December 31, 2019. (Round your answers to the nearest hundredth of a percent, X.XX%). Begin by identifying the formula to calculate profit margin. Net profit margin ratio stion 2 Data table Green Shop Corporation Consolidated Statements of Operations (Adapted) For the year ended December 31 In millions of USD 2020 2019 2018 Total net revenue. 75,000 $ 62,000 $ 60,000 Cost of sales 27,000 21,700 21,000 Selling, general and administrative expenses 43,395 36,092 34,190 Net income from operations 4,605 4,208 4,810 Other revenue (expense) (810) (820) (800) Net income before income taxes 3,795 3,388 4,010 Income tax expense (1,365) (1,138) (1,890) 2,430 $ 2,250 $ 2,120 Net income Print Done - 4 Data table In millions of USD Green Shop Corporation Partial Balance Sheets (Condensed) Dec. 31, 2020 Dec. 31, 2019 Total current assets $ Property, plant, and equipment, net Other assets Total assets - . X Dec. 31, 2018 29,470 $ 28,620 $ 510 30,100 25,800 25,700 930 780 790 60,500 $ 55,200 $ 27,000 Print Done Begin by identifying the formule to calculate profit margin Requirements 1. Compute the net profit margin ratio for Green Shop for the years ended December 31, 2020, and December 31, 2019. 2. Compute asset turnover for Green Shop for the years ended December 31, 2020, and December 31, 2019. 3. Compute return on assets for Green Shop for the years ended December 31, 2020, and December 31, 2019. 4. What factors contributed to the change in return on assets during the year? Print Done - X