Q1 Is management generating adequate operating profit on the firm's assets?

Q2 how is the firm financing its assets?

Answer all the questions Using Pamplin Inc.'s financial statements shown on the following pages Pamplin Inc. Income Statement For Years Ending 12/31/2015 and 12/31/2016 2015 2016 $1,450 Sales (all credit) Cost of goods sold Gross profit Operating expenses Depreciation Operating income S1,200 850 $.500 600 30 40 220 250 200 240 $360 64 S250 Interest expense 50 200 S 296 Net income before taxes 80 118 Taxes (40%) Net income $120 $ 178