The following are the income statements of Home Depot, Inc. for the fiscal years ended January 31, 2023, and 2022.

Home Depot, Inc.	2023	2022
Sales	$157,299	$151,157
Cost of Goods Sold	$100,192	$96,224
Gross Profit	$57,107	$54,933
Operating Expenses	$34,527	$32,813
Net Income	$18,462	$16,433

Requirements:

1. Calculate the gross profit margin for each year.
2. Calculate the operating profit margin for each year.
3. Compute the net profit margin for each year.
4. Discuss the factors influencing Home Depot, Inc.'s profitability in 2023.