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Micron Company had profit for Year 1 of $47,950 and $53,425 in Year 2. The company had net sales of $363,250 in Year 1 and

Micron Company had profit for Year 1 of $47,950 and $53,425 in Year 2. The company had net sales of $363,250 in Year 1 and $392,750 in Year 2. The company's average total assets in Year 1 were $942,550 and $877,560 in Year 2. Calculate Micron's profit margin, total asset turnover, and return on total assets for Year 1 and Year 2. Comment on the results.

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