Particulars	2022	2021	2020	2019	2018
Net Profit Margin	7.95%	6.69%	22.43%	22.65%	21.22%
Gross Profit Margin	45.96%	42.30%	55.96%	54.84%	50.34%
Total Asset Turnover	0.934824	0.852628	1.406449	1.503048	1.00000
Degree of Financial Leverage	1.014284	1.006456	1.00081	1.00027	1.000487233
ROE	0.075356	0.057438	0.315699	0.340474	0.2122605244

a Consider the trends of the gross profit margin and net profit margin over the 2018-2022 period. What do the trends tell you about the companys profitability?

b. Adopt the ROE decomposition framework to analyse the companys profitability over the 2018 2022 period. What do you find from the ROE decomposition analysis?

Cash Flow from Operations

203800

89415

427411

289068

231108

c. What findings emerge from your examination? Does the companys statements of cash flows tell you the same story as your profitability analyses above?

d. What is your overall assessment of the companys profitability and ability to generate cash?

Please explain from the above data