The income statements and balance sheets for Kendrick Inc. are shown below for the last three fiscal years. All sales are on credit.

Kendrick Inc. Income Statement For the Years Ended December 31
	2020	2019	2018
Sales	$758,000	$726,000	$731,000
Cost of Goods Sold	$282,000	$274,000	$283,000
Gross Profit	$476,000	$452,000	$448,000
Expenses
Operating Expenses	$220,000	$312,000	$290,000
Advertising Expense	$89,000	$87,000	$97,000
Depreciation Expense	$68,000	$67,000	$76,000
Interest Expense	$7,000	$7,000	$7,000
Total Expenses	$384,000	$473,000	$470,000
Net Income (Loss) Before Taxes	$92,000	$-21,000	$-22,000
Income Taxes (Return)	$41,400	$-9,450	$-9,900
Net Income (Loss) After Taxes	$50,600	$-11,550	$-12,100

Kendrick Inc. Balance Sheet As at the Years Ended December 31
	2020	2019	2018
Cash	$211,000	$194,000	$196,000
Accounts Receivable	$74,000	$81,000	$68,000
Merchandise Inventory	$79,000	$105,000	$74,000
Equipment	$207,000	$183,000	$239,000
Total Assets	$571,000	$563,000	$577,000
Accounts Payable	$43,000	$36,000	$45,000
Unearned Revenue	$21,000	$22,000	$21,000
Long-Term Debt	$43,000	$43,000	$43,000
Common Stock	$58,000	$70,000	$62,000
Retained Earnings	$406,000	$392,000	$406,000
Total Liabilities and Stockholders' Equity	$571,000	$563,000	$577,000

Required

Calculate the following ratios for Kendrick Inc. for 2020 and 2019, and state whether the ratios improved or weakened in 2020.

Do not enter dollar signs, percent signs, or commas in the input box. Round all answers to 2 decimal places.

Ratio	2020	2019	Improved or Weakened
Net Profit Margin (Percent)	Answer	Answer	AnswerImprovedWeakened
Return on Equity (Percent)	Answer	Answer	AnswerImprovedWeakened
Quick Ratio (Decimal Number)	Answer	Answer	AnswerImprovedWeakened
Debt-to-Assets Ratio (Decimal Number)	Answer	Answer	AnswerImprovedWeakened
Accounts Receivable Turnover (Decimal Number)	Answer	Answer	AnswerImprovedWeakened