Profitability ratios help in the analysis of the combined impact of liquidity ratios, asset mana management ratios on the operating performance of a firm. gement ratios, and debt Your boss has asked you to calculate the profitability ratios of Gadget Twin Inc. and make comments on its second-year performance as compared to its first-year performance. The following shows Gadget Twin Inc.'s income statement for the last two years. The company had assets of $10,575 million in the first year and $16,916 miltion in the second year. Common equity was equal to $5,625 million in the first year, 100% of earnings were paid out as dividends in the first year, and the firm did not issue new stock in the second year