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12) Assume the following has occurred for the last 50 years and will continue for the next 50 years. FIRM Profit Margin TAT 10% 2.4

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12) Assume the following has occurred for the last 50 years and will continue for the next 50 years. FIRM Profit Margin TAT 10% 2.4 7% 3 3.5% 6.5 11.5% 2.2 Which company do you like the most? A. FIRMA B. FIRM B C. FIRM C D. FIRM D E. FIRMS A, B and C ABCD

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