(suggested time 6 - 8 minutes, 13 marks) In 2021, LMN Company reported sales of $14,058.7 million, Cost of goods sold of $9,347 4 million and net income of $783.0 million. In 2020, it reported sales of $13,276.7 million, cost of goods sold of $8,796.5 million and net income of $818.8 million. Round answer in $ to 2 decimal places if necessary. Round answers in ratios to 1 decimal place if necessary What is gross profit for 2021? $ What is gross profit for 2020? $ What is the gross profit margin ratio for 2020? % What is the gross profit margin ratio for 2021? % What is the profit margin ratio for 2020? % What is the profit margin ratio for 2021? % Is the company's performance in 2021 better or worse than in 20202