Question: 2 0 2 2 Annual Report Info: $ 4 3 , 6 5 3 ( Sales ) - $ 6 , 9 3 3 (

2022 Annual Report Info:
$43,653(Sales)- $6,933(Net Income)- $74,438(Total
NPM: 6,93343,653=0.16
TAT: 43,65374,438=0.59
ROA: 1.730.15=0.09
Leverage: 74,43836,905=2.02
ROE: 0.092.02=0.18
Once again, access the ABT Investors Page and this time, Find the same five ratios (a-e below) for the previous year, help with the calculations.
a. Net Profit Margin (NI / Sales)
b. Total Asset Turnover (Sales / Total Assets)
c. Return on Assets (TAT NPM)
d. Leverage (Total Assets/ Total Equity)
e. Return on Equity (ROA Leverage)
2021 Annual Report info:
Sales: $43,075- Net Income: $7,071- Total Assets: $75,1
NPM: 7,071/43,075=0.16
TAT: 43,07575,196=0.57
ROA: 0.570.16=0.09
Leverage: 75,19636,024=2.09
ROE: 0.092.09=0.19
Explain how asset turnover, net margin and leverage numbers changed from the year before. Do you think the company's financial health has improved or declined over the past year?

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