Cooper Tire Selected Financial Data (in millions) Net Sales Cost of Goods Sold Gross Profit 2013 $3439.2 2923 516.2 2012 $4200.8 3546.6 654.2 2011 $3907.8 3562.8 345 SG&A costs Operating Income Interest Expense Other Income/Expense 275.5 240.7 (27.9) 0.2 257.3 396.9 (29.5) 1.1 181.7 163.3 (36.2) (0.6) Income Before Taxes Income Taxes/Tax Refund Non-control Adjustment 213 (79.4) (22.6) 368.4 (116) (32.1) 134.1 135.5 (16.1) Net Income 111 220.4 253.5 Calculate Cooper Tire's Gross Profit Margin over the past three years (shown in the provided spreadsheet.Compare those calculations with their Operating Profit Margins. What do these numbers tell us? Specifically over the last three years should the company bo womed about 1) a decrease in sales, 2) an increase in Cost of Goods Sold, 3) an increase in SG&Acos? Explain your reasoning For the toolbar, press ALT+F10 (PC) or ALT FN-F10 (Mac) BI VS Paragraph Arial 14px I. V V V 2 XO Q5 x X, TTTT - V TT 13 v 3B C D 0) 2. WORDS POWERED BY TINY