Question: X Presented below is the comparative income statement of Einstein Company for 2019 and 2018. Einstein Company Time left 1:16:21 Fini Income Statement For the

X Presented below is the comparative incomeX Presented below is the comparative income
X Presented below is the comparative income statement of Einstein Company for 2019 and 2018. Einstein Company Time left 1:16:21 Fini Income Statement For the Year Ended August 31 2019 2018 Sales $189,061 $121,170 Cost of Goods Sold $114,680 $65,677 Gross Profit $74,381 $55,493 Operating Expenses Administrative Expense $21,488 $11,229 Selling Expense $22,570 $22,558 Total Operating Expenses $44,058 $33,787 Other Income and Expenses Interest Expense $1,541 $1,027 Income Before Income Tax $28,782 $20,679 Income Tax $8,635 $6,204 Net Income (Loss) $20,147 $14,475 a) Calculate the following ratios for both years. O Do not enter dollar signs or commas in the input boxes.Interest Expense $1,541 $1,027 Income Before Income Tax $28,782 $20,679 Income Tax $8,635 $6,204 Net Income (Loss) Time left 1:16:15 $20,147 $14,475 a) Calculate the following ratios for both years. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. 2019 2018 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: s page

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