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 Blur Corp. and make comments on its second-year performance as compared with its first-year performance. The following shows Blur Corp.'s income statement for the last two years. The company had assets of $9,400 malkon in the first year and $15,037 milion in the secend year. Common equity was equal to $5,000 milion in the first year, and the company distributed 100% of its eamings out as dividends during the first and the second years, In addition, the firm did not issue new stock during oither year. Btur Corp. Income Statement For the Year Ending on December 31 (Millions of dollars) Caloulate the profitabiity ratios of Blur Comp in the following table, Convert al calculations to a percentage rounded to hes decima, places. Calculate the profitabiity ratios of Blur Corp. in the following table. Convert all calculations to a percentage rounded to two decimal places. Decision makers and analysts leok deeply into proftablily catios to identyy trends in a company profitability. Prof tability ratios give inseghts into both the sunvivabisy of a company and the benefis that shareholdens rective. Identify which of the foliowing atatements are true about proficability natios. Cneck all that appor