The Haines Corp. shows the following financial data for 20X1 and 20X2: 20X1 20X2 Sales $ 3,480,000 $ 3,140,000 Cost of goods sold 2,530,000 2,260,000 Gross profit $ 950,000 $ 880,000 Selling & administrative expense 255,000 261,000 Operating profit $ 695,000 $ 619,000 Interest expense 44,800 49,700 Income before taxes $ 650,200 $ 569,300 Taxes (35%) 227,570 199,255 Income after taxes $ 422,630 $ 370,045

For each year, compute the following ratios and indicate how the change in each ratio will affect profitability in 20X2. (Input your answers as a percent rounded to 2 decimal places.)