Complete a margin analysis for Associated Industries and answer the questions below. 5. What was the change to the Gross Margins for the period and what does that indicate for the operation of the business? Answer: 6. What was the change to the Operating Margin and what does that indicate for the operation of the business? Answer: 7. What was the change to the Net Margin and what does that indicate for the operation of the business? Answer: 8. Using the net profit amounts from the profit and loss statement for Associated Industries and the select data from the balance sheet in the table below: Calculate return on assets and return on equity for the years 2016 and 2017. Also, calculate the change. 9. What happened to Return on Assets and what are the drivers in the change between 2016 and 2017 ? Answer: 10. What happened to Return on Equity and what are the drivers in the change between 2016 and 2017? Complete a margin analysis for Associated Industries and answer the questions below. 5. What was the change to the Gross Margins for the period and what does that indicate for the operation of the business? Answer: 6. What was the change to the Operating Margin and what does that indicate for the operation of the business? Answer: 7. What was the change to the Net Margin and what does that indicate for the operation of the business? Answer: 8. Using the net profit amounts from the profit and loss statement for Associated Industries and the select data from the balance sheet in the table below: Calculate return on assets and return on equity for the years 2016 and 2017. Also, calculate the change. 9. What happened to Return on Assets and what are the drivers in the change between 2016 and 2017 ? Answer: 10. What happened to Return on Equity and what are the drivers in the change between 2016 and 2017