Use the excerpt of Dragonfly Corporation€™s balance sheet and its income statement below to compute Dragonfly€™s profit margin and return on assets for 2015 and 2016. Comment on Dragonfly€™s profitability and changes in profitability from 2015 to 2016. Dragonfly€™s total assets at the end of 2014 were $ 157,534 million.

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Assets (dollars in millions) Current Assets Cash and Cash Equivalents Marketable Securities Accounts Receivable Trade, net Inventories Prepaid Expenses and Other Receivables 2016 2015 $ 13,420 S 19,355 2,394 22,120 20,872 47,41545,630 1,264 89,515 65,762 3,770 $162.708 $159.047 7623 Total Current Assets Property, lant, and Equipment, net Other Assets Total Assets 1,312 91.890 67045 3,773 in millions) Sales Cost of Goods Sold 2016 2015 S 63,762 61,890 33,092 30,096 30,670 1.794 Selling, General, and Administrative Expenses 15335 15,897 7844 Gross Profit Research and Development Expense Interest Expense Earnings Betore la> Income Tax Expense Net Income 7052 145 8,138 2,848 142 7911 2.769 S 5.290 5.142