Gadget Twin Inc Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 Net Sales 6,350 5,000 1,120 1,040 318 200 1,438 1,240 4,912 3,760 491 395 4,421 3,365 1,768 1,346 2,653 2,019 Operating costs except depreciation and amortization Depreciation and amortization Total Operating Costs Operating Income (or EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes (40%) Net Income Calculate the profitability ratios of Gadget Twin Inc. in the following table. Convert all calaulations to a rounded to two decimal places. percentage Ratio Value Year 2 Year 1 1 75.20% Operating margin Profit margin Return on total assets Return on common equity Basic earning power 41.78% 17.18% 32.30% 26.13% Gadget Twin Inc Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 Net Sales 6,350 5,000 1,120 1,040 318 200 1,438 1,240 4,912 3,760 491 395 4,421 3,365 1,768 1,346 2,653 2,019 Operating costs except depreciation and amortization Depreciation and amortization Total Operating Costs Operating Income (or EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes (40%) Net Income Calculate the profitability ratios of Gadget Twin Inc. in the following table. Convert all calaulations to a rounded to two decimal places. percentage Ratio Value Year 2 Year 1 1 75.20% Operating margin Profit margin Return on total assets Return on common equity Basic earning power 41.78% 17.18% 32.30% 26.13%