QUESTION 2 Textron, Inc. had the following information for the two years of 2013 and 2014. Calculate the ratios as required below: Detail 2013 2014 Net sales 54,200 57,900 Cost of goods sold 29,800 31,800 Accounts payable 10,840 11,500 Net profit 2,300 3,100 Operating expenses 27,500 28,700 Total Equity 54,500 61,000 a. The Net Profit Margin for the two years of 2013 and 2014. b. Return on Equity for the year 2014. c. Average payment period for the year 2014 assuming all purchases are on credit