View Policies Current Attempt in Progress The following selected information is for Crane Corporation: 2021 2020 2019 $349,980 $275,210 $274,147 133,360 100,210 49,610 Total assets Total shareholders' equity Net sales Cost of goods sold 500,460 399,790 299,620 375.180 290,100 180,230 Profit 33,040 29,690 19.720 Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on equity ratios for 2021 and (Round answers to 1 decimal place, eg. 52.7.) 2021 2020 Gross profit margin % % Profit margin 9 Asset turnover times times Return on assets % Return on equity % Indicate whether each of the profitability ratios calculated in part (a) is better or worse in 2021. Gross profit margin Profit margin