Table $2\mathrm{.}4$

Key Financial Ratios for Large U$.$S$.$ Firms, Spring $2018($Data shows quartiles $[25\%,$ median, $75\%]$ for U$.$S$.$ stocks with market capitalization over $$1$ billion$)$

Question $1$

Table $2\mathrm{.}4$ in Berk and DeMarzo $(2020)$ provide key financial ratios for large US firms updated in Spring of $2018.$ Within this table, the authors highlight the $25\%,$ median, and $75\%$ quartiles for each type of ratio. Using examples of firms, explain why there are significant differences between the $25\%$ and $75\%$ quartiles for large companies specifically focusing on the Net Profit Margin, Asset Turnover, and the Equity Multiplier. How would you explain the differences between firms in the lower and upper quartiles $($hint: see the DuPont identity for guidance$)?$ Include at least two citations that support your response.