of og Presented below is the comparative income statement of Edison Company for 2020 and 2019. Edison Company Income Statement For the Year Ended December 31 2020 2019 Sales $188,792 $110,100 Cost of Goods Sold $116,950 $66,144 Gross Profit $71,842 $43,956 Operating Expenses Administrative Expense $17.431 $14,807 Selling Expense $26,856 $23,065 Total Operating Expenses $44,287 $37,872 Other Income and Expenses Interest Expense $1,699 $923 Income Before Income Tax $25,856 $5,161 Income Tax $7,757 $1,548 Net Income (Loss) $18,099 $3,613 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. 2020 2019 Net Profit Margin Time Interest Earned