Homework: Chapter 7 Graded Homework Save HW Score: 51.56%, 12.89 of 25 Question Help ore: 0 of 2 pts 12 of 127 complete -35A (similar to) unny Grocery Corporation reported to following information in its comparative financial statements for the focal year ended January 31, 2018 Click the icon to view the dia) oad the requirements Data Table equirement 1. Computent profit marginal (%) for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? Hantly the formula then loote profit margin for 2018 and 2017. Found your answers to the rest hundred of a percent XXXX) Net profit marginio 2018 2017 Net sales Netamine Average total assets January 31, January 31 2018 2017 80.000 $ 78,350 4,800 $ 4,500 50 000 $ 49.300 5 Requirements Print Dene 1. Compute neprofit margin ratio for the years ended January 31, 2018 and 2017. Did it improve or worsen in 2018? 2. Compute asset tumover for the years ended January 31, 2018 and 2017. Did it improve or worse in 2018? 3. Computerem on assets for the years ended January 31, 2018 and 2017 Did improve or worsen in 2018? Which component-net profit margin ratio orastumove was mostly responsible for the change in the company's return on assets? Print Done Choose from any list or enter any number in the input fields and then click Check Answer Check