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Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2016 2017 Net sales 37,840 38,908 516 476 Cost sold of good 29,137 27,863 Assets
Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2016 2017 Net sales 37,840 38,908 516 476 Cost sold of good 29,137 27,863 Assets Cash and securities Accounts receivable Inventories Total current assets 1,204 1,110 Depreciation 3,406 3,502 516 546 EBIT 5,297 7,543 2,236 2,132 110 105 Net fixed assets 6,364 6,210 Interest expense Tax (30%) 1,557 2,232 Total assets 8,600 8,342 Net Income 3,630 5,206 1,062 Liabilities and Owners' Equity Accounts payable 1,032 Short-term notes 172 Total current 1,204 liabilities Long-term debt 916 156 1,218 871 Common stock 1,879 1,680 Retained earnings 4,601 4,573 Total liabilities and owners' equity 8,600 8,342 Given the financial statements for SW Inc. above, what is the most recent profit margin and comment on the change over the past two years
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