Question: Take me to the text Presented below is the comparative income statement of Einstein Company for 2020 and 2019. Einstein Company Income Statement For the

 Take me to the text Presented below is the comparative income
statement of Einstein Company for 2020 and 2019. Einstein Company Income Statement

Take me to the text Presented below is the comparative income statement of Einstein Company for 2020 and 2019. Einstein Company Income Statement For the Year Ended January 31 2020 2019 Sales $186,367 $116,695 Cost of Goods Sold $113,903 $66,391 Gross Profit $72,464 $50,304 Operating Expenses Administrative Expense $21,460 $13,131 Selling Expense $20,791 $21,350 Total Operating Expenses $42.251 $34,481 Other Income and Expenses Interest Expense $1,809 $815 Income Before Income Tax $28,404 $15,008 Income Tax $8,521 $4.502 Net Income (Loss) $19.883 $10,506 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. 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, 2020 2019 Net Profit Margin Time Interest Earned b) In which year does the company have a better performance with respect to the net profit margin calculated in part a)? Year

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