Profitability ratios help in the analysis of the combined impact of liquidity ratios, asset managenent ratios, and debt management ratios cor the operating performance of a firm. Your boss has asked you to calculate the profitability ratios of stay switt corp. and make comments on its second-year performance as compared with its first-year performance. The following shows Stay Swift Corp.'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 yeak: Stay Swift Corp. Income Statement For the Year Ending on Decenber 31 (Mallions of dollars) Calculate the profitability ratios of Stay Swift Corp. in the following table. Convert all calculations to a percentage rounded to two decimal places. Decision makers and analysts look deeply into profitabil ty ratios to identify trends in a companfs profitability. Profitability ratios give insights into both the survivabllity of a compary and the benefits that shareholders recelve. [dentify which of the following statements are true about profitablity ratios. Check ail that apply. A higher operating maroin than the indistry average indicates elther fower operating costs. Higher product piloing. or both. If a company's operating margin increases butits profit margin decreases, it could mean that the campatty paid more in inteest or taxes. An increase in-a companv's earnings means that the profit maroin is increating