The Haines Corp. shows the following financial data for 20XX and 20XY: 20XX 20XY Sales Cost of goods sold $ 3,230,000 $ 3,370,000 2,130,000 2,850,000 Gross profit $ 1,100,000 $ 520,000 Selling & administrative expense 298,000 227,000 Operating profit $ 802,000 $ 293,000 Interest expense 47,200 51,600 Income before taxes $ 754,800 $ 241,400 Taxes (35%) 264,180 84,490 Income after taxes $ 490,620 $ 156,910 ces For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in 20XY answers as a percent rounded to 2 decimal places.) a. Cost of goods sold to sales b. Selling and administrative expense to sales c. Interest expense to sales 20XX 20XY BB ge Profitability (Click to select) 86 (Click to select) oe (Click to select)