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 Saxty-Second Avenue Inc. and make comments on its second-year performance as compared to as test-year performance, The following shows sexy-Second Avenue inc's income statement for the last two years. The company had assets of $10,575 million in the first year and $16.916 million in the second year, Common equity was equal to $5,625 million in the first year, and the company distributed 100% of its earrings out as dividends during the first and the second years. In addition, the firm did not issue new stock during either year Sixty Second Avenue Inc. Income Statement For the Year Ending on December 31 (Millions of dollars) Year 2 Net Sales Operating context decanon and mortirano Depreciation and amortization 1120 2 106 Year 4.500 1,040 10 1.22 30 Deri inconto ) Le 20 IN 2154 1.7 Calculate the profitability ratios of Sixty Second Avenue Inc. In the following table. Convert all calculations to a percentage rounded to two decimal places. Ratio Value Year 2 Year 1 72.899 40.72 Operating margin Profit margin Return on total assets Return on common equity Basic cang power 16.19% 30.449 25.479 Decision makers and analysts lock deeply into profitability ratios to identify trends in a company probability Profitability ratios give insights into Both the survey of company and the benefits that sholdes remity which of the following statements are true boce probably Check that ply Alghertentino margin than the uttry average indicates the lower corting costs righer product anong or both manyeting man renses but to promo decreases it could mean the company pod morninterest of the combo ang matut the protein ont company se non common shares our las het incomp does not increase froum on common rourer will increase