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Note: The balance sheets shows dates as of January 29,2022 (this is 2021 data) and January 30, 2021 (this is 2020 data) Once you complete

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Note: The balance sheets shows dates as of January 29,2022 (this is 2021 data) and January 30, 2021 (this is 2020 data) Once you complete the table, compute the three ratios below (formulas are given below) Prost Margin = Not Income/Soles expressed as a percentage to two decinal places. For example 12.56% Asset Turnover is Total Net Sales / Total Assets expressed to two decimal places. For emanple, 190 Proith Marzin - Net hesme/ Sols expressed as a pertentage to two decimal places, For example 12.56x Asset Turrover is Toul Net Salei / Total hisets enpressed to tho decinal places. For exmple, 1 ig Return on Asseti - Net income / Total Assets exprised es a percentage to two decinal places. For cxample 12.56 \% Which company is more profitable per the piofit margin ratio? Is the profit margin increasing or decreasing for this company? Which company is more efficient per the asset turnover? Is the ratio steady, increasing, or decreasing for this company? Which company has a higher return on assets? Is the ratio steady. increasing, or decreasing for this company? For each year, multiply the profit margin by the asset tumover and complete the table below (For example, 3.00%2.00=6.00% ). Compare the answer yo get and the retum on assets you had computed earlier. Are the numbers close? Comment / Explain

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