The Haines Corporation shows the following financial data for 20X1 and 20X2:

	20X1	20X2
Sales	$ 3,050,000	$ 3,960,000
Cost of goods sold	2,150,000	2,150,000
Gross profit	$ 900,000	$ 1,810,000
Selling & administrative expense	269,000	253,000
Operating profit	$ 631,000	$ 1,557,000
Interest expense	48,700	49,200
Income before taxes	$ 582,300	$ 1,507,800
Taxes (35%)	203,805	527,730
Income after taxes	$ 378,495	$ 980,070

For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in 20X2.

Note: Input your answers as a percent rounded to 2 decimal places.

The Haines Corporation shows the following financial data for 20X1 and 20X2:

	20X1	20X2
Sales	$ 3,050,000	$ 3,960,000
Cost of goods sold	2,150,000	2,150,000
Gross profit	$ 900,000	$ 1,810,000
Selling & administrative expense	269,000	253,000
Operating profit	$ 631,000	$ 1,557,000
Interest expense	48,700	49,200
Income before taxes	$ 582,300	$ 1,507,800
Taxes (35%)	203,805	527,730
Income after taxes	$ 378,495	$ 980,070

For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in 20X2.

Note: Input your answers as a percent rounded to 2 decimal places.