Assets Cash Accounts Receivable Inventory Prepaid Insurance Fixed assets Accumulated Depreciation Total Assets 150001 12000 5000 1000 110000 168000 25000 Company 101 Income Statement For the year ended July 31, 2017 Revenue $200,000 COGS $75,000 Gross Profit $125,000 Less Total Expenses $98.000 Operating Income Before Tax $ 27,000 Tax $5.940 Net Income Loss) $21,060 Liabilities Accounts Payable Short term-notes payable Long term Bank Loan Total Llabilities 6000 2000 18000 26000 Shareholders Eaulty Share Capital Retained Earnings 19000 30000 Shareholders' Equity 49000 Llabilities. Shareholders Equity 25000 1000 Company 332 Income Statement For the year ended July 31, 2017 Revenue $175,0001 COGS $55,000 Gross Profit $120,0001 Less Expenses salaries La $65,000 advertising $5,000 insurance $3,000 interest $2,000 Depreciation $3,000 Assets Cash Accounts Receivable Inventory Equipment Acc-depreciation equi Cars Acc Depreciation. Car Total Assets 11000 5000 15000 -3500 35000 -20000 43500 Liabilities Accounts Payable Long-term - Bank Loan Total Liabilities 16000 10000 26000 Total Expenses Operating Income Before t Tax Net Income (Loss) $78,000 $42,000 $9,240 $32,760! Shareholders' Equity Share Capital Retained Earnings 8000 9500 Shareholders' Equity 17500 $48.500 Liabilities Shareholders' Equity 8. The Gross Margin for company 101 is? 9. The Net Margin for company 101 is? 10. The Return on Assets for company 101 is? 11. The Return on Equity for company 101 is? 12. The Gross Margin for company 332 is? 13. The Net Margin for company 332 is? 14. The Return on Assets for company 332 is? 15. The Return on Equity for company 332 is? 16. Which company is the better investment? Explain your reasoning