The following shows Sixty-Second Avenue Inc.'s income statement for the last two years. The company had assets of exist10, 575 million in the first year and exist16, 916 million in the second year. Common equity was equal to exist5, 625 million in the first year, and the company distributed 100% of its earnings out as dividends during the first and the second years. In addition, the firm did not issue new stock during either year. Calculate the profitability ratios of Sixty-Second Avenue Inc. In the following table. Convert all calculations to a percentage rounded to two decimal places. Decision makers and analysts look deeply into profitability ratios to identify trends in a company's profitability. Profitability ratios give insights into both the survivability of a company and the benefits that shareholders receive. Identify which of the following statements are true about profitability ratios. Check all that apply A higher operating margin than the industry average indicates either lower operating costs, higher product pricing, or both An increase in the return on assets ratio implies an increase in the assets a firm owns. If a company's operating margin increases but its profit margin decreases, it could mean that the company paid more in interest or taxes If a company issues new common shares but its net income does not increase, return on common equity will increase