please help this is for a final grade! thank you
101:28 Petroxy Oil Co. Income Statement For the Year Ending on December 31 (Millions of dollars) Net Sales Operating costs except depreciation and amortization Depreciation and amortization Total Operating Costs Operating Income (or EBIT). Less: Interest Earnings before taxes (EBT) Less: Taxes (40%) Year 2 3,175 1,120 159 1,279 1,896 Year 1 2,500 1,040 100 1,140 1,360 177 1,183 473 710 256 1,640 656 984 Net Income Calculate the profitability ratios of Petroxy Oil Co. in the following table. Convert all calculations to a percentage rounded to two decimal places Ratio Value Year 2 59.72% 30.99% Operating margin Profit margin Return on total assets Return on common equity Basic earning power Year 1 54.40% 28.40% 12.09% 22.72% 20.17% 6. Profitability ratios Profitability ratios help in the analysis of the combined impact of liquidity ratios, asset management ratios, and debt management ratios on the operating performance of a firm Your boss has asked you to calculate the profitability ratios of Petroxy Oil Co. and make comments on its second-year performance as compared to its first-year performance, The following shows Petroxy Oil Co.'s income statement for the last two years. The company had assets of $5,875 million in the first year and $9,398 million in the second year. Common equity was equal to $3,125 million in the first year, and the company distributed 100% of its earnings out as dividends during the first and the second years. In addition, the firm did not issue new stock during either year. Petroxy Oil Co. Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Year 1 2,500 1,040 100 Net Sales Operating costs except depreciation and amortization Depreciation and amortization Total Operating costs Operating Income (or EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes (40%) Net Income 3,175 1,120 159 1,279 1,896 256 1,640 1,140 1,360 177 656 984 473 210