$2023$

$2022$

Total sales

$610\mathrm{.}1$

$578\mathrm{.}3$

Cost of sales

$(500\mathrm{.}2)$

$(481\mathrm{.}9)$

Gross profit

$109\mathrm{.}9$

$96\mathrm{.}4$

Selling, general, and

administrative expenses

$(40\mathrm{.}5)$

$(39\mathrm{.}0)$

Research and development

$(24\mathrm{.}6)$

$(22\mathrm{.}8)$

Depreciation and amortization

$(3\mathrm{.}6)$

$(3\mathrm{.}3)$

Operating income

$41\mathrm{.}2$

$31\mathrm{.}3$

Other income

$---$

$---$

Earnings before interest and taxes $($EBIT$)$

$41\mathrm{.}2$

$31\mathrm{.}3$

Interest income $($expense$)$

$(25\mathrm{.}1)$

$(15\mathrm{.}8)$

Pretax income

$16\mathrm{.}1$

$15\mathrm{.}5$

Taxes

$(5\mathrm{.}5)$

$(5\mathrm{.}3)$

Net income

$10\mathrm{.}6$

$10\mathrm{.}2$

$$

$$

$$

Price per share

$$16$

$$15$

Shares outstanding $($millions$)$

$10\mathrm{.}2$

$8\mathrm{.}0$

Stock options outstanding $($millions$)$

$0\mathrm{.}3$

$0\mathrm{.}2$

$$

$$

$$

Shareholders' Equity

$126\mathrm{.}6$

$63\mathrm{.}6$

Total Liabilities and Shareholders' Equity

$533\mathrm{.}1$

$386\mathrm{.}7$

Compute the following ratios using the above information : $($Show the required calculations$)$

$$

Operating Margin for the year ending December $31,2023$

Net profit margin for the year ending December $31,2022$

Return on Equity for the year ending December $31,2023$

Return on Assets for the year ending December $31,2023$ & December $31,2024.$