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Average total assets$ 1 9 7 , 5 0 0 $ 1 5 6 , 0 0 0 Net sales 7 0 , 0 0
Average total assets$ $ Net salesNet income
a Compute the profit margin for both companies.
b Compute the return on total assets for both companies.
Based on analysis of these two measures, which company is the preferred investment?
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