The following selected information is for Springfield Corporation: 2024 2023 2022 Total assets $343,000 $270,000 $277,000 Total shareholders' equity 132.000 105,000 51,500 Sales 511,000 395,000 296,000 Cost of goods sold 375,074 295,065 172,000 Net income 34,237 30,810 19,900 Springfield had no preferred shares. (a) Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on common shareholders' equity ratios for 2024 and 2023. (Round gross profit margin, profit margin, return on assets and return on equity to 1 decimal place e.g. 2.6 or 2.6% Round asset turnover to 2 decimal places eg 6.21) Gross profit margin Profit margin Asset turnover Return on assets Return on common shareholders' equity 2024 % times % 2023 % times % Indicate whether each of the profitability ratios calculated above is better or worse in 2024. Gross profit margin Profit margin Asset turnover Return on assets Return on common shareholders' equity