Additional information for 2021 : 1. Net income is $167,040. 2. Sales on account are $1,813,900. 3. Cost of goods sold is $1,346,550. Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.) 2. When we compare two companies, can one have a higher return on assets while the otheithas a higher return on equity? Yes No