Deal Hunter Corporation operates general merchandise and food discount stores in the United States. The company reported the following information for the three years ending December $31,2020$:

$($Click the icon to view the consolidated statements of operations.$)$

$($Click the icon to view the partial balance sheets.$)$

Read the requirements.

Requirement $1.$ Compute the net profit margin ratio for Deal Hunter for the years ended December $31,2020,$ and December $31,2019.($Round your answers to the nearest hundredth of a percent, X$.$XX$\%).$

Begin by identifying the formula to calculate profit margin.

Data table

Data table

Deal Hunter Corporation

Consolidated Statements of Operations $($Adapted$)$

Requirements

Compute the net profit margin ratio for Deal Hunter for the years ended

December $31,2020,$ and December $31,2019.$

Compute asset turnover for Deal Hunter for the years ended December $31,$

$2020,$ and December $31,2019.$

Compute return on assets for Deal Hunter for the years ended December $31,$

$2020,$ and December $31,2019.$

What factors contributed to the change in return on assets during the year?