Gunny Grocery Corporation reported the following information in its comparative financial statements for the fiscal year ended January 31, 2018: (Click the icon to view the data.) Read the requirements Requirement 1. Compute net profit margin ratio (%) for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? percent, X.XX%.) Identify the formula, then calculate profit margin for 2018 and 2017. (Round your answers to the nearest hundredth of Net income Net sales =Net profit margin ratio % 2018 % 2017 i Requirements Data Table 1. Compute net profit margin ratio for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? January 31, January 31, 2. Compute asset turnover for the years ended January 31, 2018 and 2017. Did improve or worsen in 2018? 2018 2017 91,000 $ 89,500 Net sales 3. Compute return on assets for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? Which component-net profit margin ratio or asset turnover-was mostly responsible for the change in the company's Net earnings 6,370 $ 6,220 ... $ 65,000 $ Average total assets 64,400 return on assets