The following selected information is for Ridgewood Corporation:

		2018		2017		2016
Total assets		$340,000		$264,000		$277,000
Total shareholders equity		127,000		96,000		47,000
Net sales		507,000		387,000		302,000
Cost of goods sold		375,000		285,000		167,000
Net income		32,400		30,500		20,500

Ridgewood had no preferred shares.

Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on common shareholders' equity ratios for 2018 and 2017. (Round gross profit margin, profit margin, return on assets and return on equity to 1 decimal place e.g. 2.6. Round asset turnover to 2 decimal places e.g. 6.21.) 2018 2017 Gross profit margin Profit margin Asset turnover times times Return on assets Return on common shareholders' equity e Textbook and Media Indicate whether each of the profitability ratios calculated above is better or worse in 2018 Gross profit margin Profit margin Asset turnover Return on assets Return on common shareholders' equity