1 = ill IM lir % 9 68% Conditional Format Formatting as Table Sty! H19 fx B D E F H 1 K M N o 1 2 Problem 1: Your company's profitability, measured as the Return on Equity (ROE), has increased from 15.22% to 16.87% in the last two years. Your intuition tells you that this improved profitability has been generated thanks to enhanced cost control in the company. Use the slected information provided in Table 1 to confirm or deny this assumption. Clearly state what has caused the increase. All values are in thousands 4 5 6 7 Please answer the following: Is the increased profitability due to improved cost control? If yes, explain. If no, then explain the cause of the increase ROE Sales Net Income Total Assets Equity TABLE 1 2021 16.87% 2242 41 1200 243 2019 15.22 1500 28 588 184 9 Important botes to be given full credit, please show your work in this excel sheet. Do not forget to insert your answer in the box titled "Your Response 10 11 12 13 14 15 Your response (plec