Profitability ratios (LO2) The Haines Corp. shows the following financial data for 2012 and 2013. 2012 2013 Sales $ 3, 230,000 $3, 370,000 Cost of goods sold 2.130,000 2.850,000 Gross profit 1, 100,000 520,000 Selling & administrative expense 298,000 227,000 Operating profit 802,000 293,000 Interest expense 47, 200 51, 600 Income before taxes 754, 800 241, 400 Taxes (35%) 264, 180 84, 490 Income after taxes $490, 620 $156, 910 For each year, compute the following and indicate whether it is increasing or decreasing profitability in 2013 as indicated by theratio. Cost of goods sold to sales. Selling and administrative expense to sales. Interest expenses to sales