Jackson = Not checked Marked out of 1.00 Flag question COLLEGE AME ENGAGE Presented below is the comparative income statement of Edison Company for 2019 and 2018. Edison Company Income Statement For the Year Ended June 30 2019 2018 Sales $187,803 $109,170 Cost of Goods Sold $112,445 $63,882 Gross Profit $75,358 $45,288 Operating Expenses Administrative Expense $19,513 $13,842 Selling Expense $22,684 $20,964 Total Operating Expenses $42,197 $34,806 Other Income and Expenses Interest Expense $1,314 $1,037 Income Before Income Tax $31,847 $9,445 Income Tax Net Income (Loss) $9,554 $2,834 $22,293 $6,611 a) Calculate the following ratios for both years. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. 2019 Net Profit Margin Time Interest Earned 2018 English (en) hamza el-ashgar Contact us!