8. Given the income statement for the MLC (Table 4-7) and balance sheet (Table 4-4), answer the following: a. Calculate the following ratios for 2012: operating profit margin, net profit margin, operating return on assets, net return on assets, and return on equity c. In a brief paragraph, describe the overall profitability of the MLC. for 2011 and 2012. Write an explanation of this analysis. b. In a written explanation, describe what each ratio means. 9. Perform a horizontal analysis for the MLC income statement (Table 4-7)