This is for Finacial Accounting

Requirement 1) The profit margin ___(improved/ worsened)____ from 2014 to 2015.

Requirement 2) The asset turnover ___(improved/ worsened)____ from 2014 to 2015.

Requirement 3) The return on assets ___(improved/ worsened)____ from 2014 to 2015 mostly due to the change in the ____(asset turnover/ net profit margin)____.

Kenyon Stores, Inc., one of the nation's largest grocery retailers, reported the following information (adapted) in its comparative financial statements for the fiscal year ended January 31, 2015 ?(Click the icon to view the data.) Requirements 1. Compute net profit margin ratio for the years ended January 31, 2015 and 2014. Did it imp 2. Compute asset turnover for the years ended January 31, 2015 and 2014. Did it improve or worsen in 2015? 3. Compute return on assets for the years ended January 31, 2015 and 2014. Did it improve or worsen in 2015? Which component (net profit margin ratio or asset turnover) was rove or worsen in 2015? mostly responsible? Requirement 1, Compute net profit margin ratio (%) for the years ended January 31, 2015 and 2014. Did it improve or worsen in 2015? Identify the formula, then calculate profit margin for 2015 and 2014. (Round your answers to the nearest hundredth of a percent, X.XX%.) Net income /Net sales Net profit margin ratio 96 ? = 2015 2014 The profit margin Requirement 2. Compute asset turnover for the years ended January 31, 2015 and 2014. Did it improve or worsen in 2015? ldentify the formula, then calculate asset turnover for 2015 and 2014. (Round your answers two decimal places, X.xX.) ? | from 2014 to 2015. Net sales Average total assetsTotal asset turnover 2015 2014 The asset turnover Requirement 3. Compute return on assets for the years ended January 31, 2015 and 2014. Did it improve or worsen in 2015 from 2014 to 2015 Which component (net profit margin ratio or asset turnover) was mostly responsible? Identify the formula, then calculate return on assets (ROA) for 2015 and 2014, (Round your answers to the nearest hundredth of a percent, X.XX%.) Net income / Average total assets ' = Return on assets (ROA) 2015 2014 The return on assets Vfrom 2014 to 2015 mostly due to the change in the Data Table January 31, 2015 January 31, 2014 Net sales. Net e Average total assets 52,500 $ 2,100 $ 30,000 S 50,950 1,950 29,300