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11. Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total assets Net sales Net income BioBeans
11.
Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total assets Net sales Net income BioBeans $ 232,500 105,000 16,275 GreenKale $ 177,000 70,800 4,000 1a. Compute the profit margin for both companies. 1b. Compute the return on total assets for both companies. 2. Based on analysis of these two measures, which company is the preferred investment? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2 Compute the profit margin for both companies. Profit margin Denominator: Numerator: Profit margin ratio = Profit margin ratio % BioBeans GreenKale 1 %
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