Question: How does this change influence the company's performance? data is below Profitability Ratios 12/31/20 12/31/21 12/31/22 Net Profit Margin Ratio 5.53% 7.10% -0.53% Total Asset

How does this change influence the company's performance?

data is below

Profitability Ratios

12/31/20

12/31/21

12/31/22

Net Profit Margin Ratio

5.53%

7.10%

-0.53%

Total Asset Turnover

1.202

1.1172

1.1109

Return on Assets

6.64%

7.93%

-0.59%

Operating Income Margin

5.93%

5.30%

2.38%

Sales to Fixed Assets

ROE

22.84%

24.13%

-1.86%

Return on Common Equity

27.40%

28.8%.

-1.9%.

Gross Profit Margin

39.57%

42.81%

43.81%

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