Shopper's World Corporation operates general merchandise and food discount stores in the United States. The company reported the following information for the three years ending December 31, 2020: (Click the icon to view the consolidated statements operations.) (Click the icon o view the partial balance sheets.) Read the requirements. Requirement 1. Compute the net profit margin ratio for Shopper's World for the years ended December 31, 2020, and December 31, 2019. (Round your answers the nearest hundredth of a percent, X.XX%). Begin by identifying the formula to calculate profit margin. Net profit margin ratio Compute the net profit margin ratio for the year ended December 31, 2020. The net profit margin ratio for the year ended December 31, 2020 is Compute the net profit margin ratio for the year ended December 31, 2019. The net profit margin ratio for the year ended December 31, 2019 is Requirement 2. Compute asset turnover for Shopper's World for the years ended December 31, 2020, and December 31, 2019. (Round your answers two decimal places, X.XX). Begin by identifying the formula to calculate asset turnover. = Compute the asset turnover for the year ended December 31, 2020. The asset turnover for the year ended December 31, 2020 is Compute the asset turnover for the year ended December 31, 2019. %. Total asset turnover The asset turnover for the year ended December 31, 2019 is Requirement 3. Compute return on assets for Shopper's World for the years ended December 31, 2020, and December 31, 2019. (Round your answers to the nearest hundredth of a percent, X.XX%). Begin by identifying the formula to calculate return on assets. Return on assets (ROA) Compute the return on assets for the year ended December 31, 2020. The return on assets for the year ended December 31, 2020 is Compute the return on assets for the year ended December 31, 2019. The return on assets for the year ended December 31, 2019 is Requirement 4. What factors contributed to the change in return on assets during the year? The following contributed to the change in return on assets during the year: (If an input field is not used in the table leave the field empty; do not select a label.) % Data table In millions of USD Total net revenue Cost of sales Data table In millions of USD Total current assets Property, plant, and equipment, net Other assets Total assets Shopper's World Corporation Partial Balance Sheets (Condensed) Dec. 31, 2020 Dec. 31, 2019 28,090 $ 20,800 $ 29,400 25,700 960 820 58,450 $ $ 47,320 $ Selling, general and administrative expenses Net income from operations Other revenue (expense) Net income before income taxes Income tax expense Net income $ Shopper's World Corporation Consolidated Statements of Operations (Adapted) $ Print For the year ended December 31 2019 2020 80,000 $ 28,800 47,010 Done 4,190 (740) 3,450 (850) 2,600 65,000 $ 22,750 38,292 3,958 (880) 3,078 (798) 2,280 $ Dec. 31, 2018 2018 63,500 22,225 37,675 3,600 (810) 2,790 (690) 2,100 2,130 25,000 870 28,000 - X
