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explain each ratio of this list what happened in 2019, 2020, 2021? List of Ratios 2019 2020 2021 Gross Profit Margin 4.96% 4.18% 9.91% Net profit Margin 10.89% 10.12% 9.59% Return on Asset 9.54% 7.92% 8.25% Return on Equity  50.95% 53.44% 49.47%

explain each ratio of this list what happened in 2019, 2020, 2021? List of Ratios 2019 2020 2021 Gross Profit Margin 4.96% 4.18% 9.91% Net profit Margin 10.89% 10.12% 9.59% Return on Asset 9.54% 7.92% 8.25% Return on Equity  50.95% 53.44% 49.47%

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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explain each ratio of this list what happened in 2019, 2020, 2021?

List of Ratios

2019

2020

2021

Gross Profit Margin

4.96%

4.18%

9.91%

Net profit Margin

10.89%

10.12%

9.59%

Return on Asset

9.54%

7.92%

8.25%

Return on Equity 

50.95%

53.44%

49.47%
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