Take me to the text Presented below is the comparative income statement of Morrison Company for 2020 and 2019. Morrison Company Income Statement For the Year Ended June 30 2020 2019 Sales $184,172 $111,239 Cost of Goods Sold $118,765 $61,197 Gross Profit $65,407 $50,042 Operating Expenses Administrative Expense $19,461 $14,997 Selling Expense $24,365 $20,674 Total Operating Expenses $43,826 $35,671 Other Income and Expenses Interest Expense $1,374 $1,161 income Before Income Tax $20,207 $13,210 Income Tax $6,062 $3,963 Net Income (Loss) $14,145 $9,247 a) Calculate the following ratios for both years. Enter net profit margin as a percentage. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places