Presented below is the comparative income statement of Newton Company for 2019 and 2018.

Newton Company Income Statement For the Year Ended March 31
	2019	2018
Sales	$186,716	$123,988
Cost of Goods Sold	$116,899	$67,334
Gross Profit	$69,817	$56,654
Operating Expenses
Administrative Expense	$19,460	$10,021
Selling Expense	$25,287	$24,898
Total Operating Expenses	$44,747	$34,919
Other Income and Expenses
Interest Expense	$1,345	$1,071
Income Before Income Tax	$23,725	$20,664
Income Tax	$7,118	$6,199
Net Income (Loss)	$16,607	$14,465

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.

	2019	2018
Net Profit Margin	Answer	Answer
Time Interest Earned	Answer	Answer

b) In which year does the company have a better performance with respect to the net profit margin calculated in part a)?

Year:Answer20182019