E$13-2($Algo$)$ Computing and Interpreting Profitability Ratios $[$LO $13-4,$ LO $13-5]$ are reflected in the income stetement of Fawkes Marnafocturing for the year ended December $31\mathrm{.}2021$ jonourts in Blional$)$

$\backslash$table$[[,2021,2$ate$],[$Revenum$,5354,538],[$Cests of Marchased Crude $0$:$11$ aed Froducts,$\backslash$table$[[3$tt$],[21]],117],[$Other Oetrotire Costs,,$8080],[$Thiose $($Leis$)$ belore Isamer Tax Copense,H$,13],[$Incuer Tax Expense $($Devefit$),,($b$)],[$Wht troum $($Lons$),523,]]$

Pequired:

Compule the gross profl percentage for each year Assuming thar the change froen $2020$ to $2021$ is the bepinning of a susususd rend, is Fowkes ibely to earn more or lest groas profit from each dollar of sales is $20022?$ trude of and product in $202$ reittive to $2020$

Fowkes reported average net fixed aspets of $5320$ bition in $2021$ and $5368$ bilion in $2020.$ Conpuate the fied anset turnover remes for both yeers. Did the compshy better utlue its investment in fised assets to penerene reverues in $2028$ or ${2020}^{}2027$ or $2020?$