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Canada Goose Holdings Inc. reported the following amounts: Canada Goose Holdings Inc. ( amounts in millions ) 2 0 2 0 2 0 1 9

Canada Goose Holdings Inc. reported the following amounts: Canada Goose Holdings Inc. (amounts in millions)
202020192018
Total assets $1,112.7 $725.4 $548.4
Total shareholders equity 520.2399.1243.6
Sales revenue 958.1830.5591.2
Net income 151.7143.696.1
Required
i. Calculate the following ratios for the years 2020 and 2019, and explain what you find:
a) Profit margin ratio
b) Return on assets
c) Return on equity
ii. Explain whether each of these ratios has improved or worsened from 2019 to 2020.
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