Question $(6)$

Directions: Click the Case Link above and use the information provided in Hearth and Home to answer this question:

What is the trend in Hearth and Home's operating expense margins between $20$ Y $1$ and $20$Y$3?($Express your calculation as a percentage and carry to two decimal places.$)$

It increased each year, increasing profitability.

It has increased each year, decreasing profitability.

It has decreased each year, increasing profitability.