compared with its first-year performance. The following shows St. McStanky Beer Co.'s income statement for the last two years. The company had assets of $10,575 million in the first year and $16,916 million in the second year. Common equity was equal to $5,625 million in the first year, and the company distributed 100 % of its earnings out as dividends during the first and the second years. In addition, the firm did not issue new stock during either year St. McStanky Beer Co. Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 Net Sales 5,715 4,500 Operating costs except depreciation and amortization 1,610 1,495 Depreciation and amortization 286 180 Total Operating Costs 1,896 1,675 Operating Income (or EBIT) 3,819 2,825 Less: Interest 516 367 3,303 2,458 Earnings before taxes (EBT) Less: Taxes (25%) 826 615 Net Income 2,477 1,843 Calculate the profitability ratios of St. McStanky Beer Co. in the following table. Convert all calculations to a percentage rounded to two decimal places Value Ratio Year 2 Year 1 66.82% Operating margin 62.78% Profit margin 40.96% 43.34% Return on total assets 17.43% Return on common equity 32.76% Basic earning power 22.58%