ve financial statements for the fiscal year ended January 31, 2018, DALLE Data Table January 31, January 31, 2018 2017 Net sales $ 84,000 $ 82,600 Net earnings $ 4,200 $ 4,100 Average total assets $ $ 70,000 $ 69,450 Print Done and then click Check Answer Cequirement 1. Compute net profit margin ratio (%) for the years ended January 31, 2018 and 2017. Did it improve or worsen dentify the formula, then calculate profit margin for 2018 and 2017. (Round your answers to the nearest hundredth of a percer Net income 1 Net sales = Net profit margin ratio % 2018 $ 4,200 84,000 2017 $ 4,100 82,600 1$ 1$ 5.00 % 4.96 % The profit margin improved from 2017 to 2018. Requirement 2. Compute asset turnover for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? Identify the formula, then calculate asset turnover for 2018 and 2017. (Round your answers two decimal places, X.XX.) Total asset turnover 2018 2017 Choose from any list or enter any number in the input fields and then click Check Answer parts