Ch 13. Assessment 3 Part 2 of 2 33.34 points Required information [The following information applies to the questions displayed below) Summary information from the financial statements of two companies competing in the same industry follows Data from the current year-end balance sheets Assets Cash Accounts receivable, set Herchandise Inventory Prepaid expenses Interest expense Barco Company Company Company Data from the current year's income Sales $22,000 40,400 $ 14,000 51,400 Cast of goods sold Income tax expense $500,000 590,100 7,700 15,377 5891,200 652,500 11,000 24,603 5,300 120,000 7,650 Net Income 223,097 307,400 Basic earnings per share 4.73 $472,340 136,950 Cash dividends per share 3.82 3.97 Beginning of year balance sheet data $68,340 $92,300 Accounts receivable, et $70,000 $51,200 79,500 107,000 merchandise Inventory Common stock, $5 par value Retained earnings Total abilities and equity $472,340 $536,950 Retained earnings 190,000 236,000 Total assets 134,300 101,650 Common stock, $1 par value 378,000 190,000 373,500 236,000 Sipped Plant assets, net Total assets Liabilities and Equity Current 11abilities Long-term notes payable 92,137 28. For both companies compute the a profit margin ratio, (2) total asset turnover (d return on total assets, and to return on equity Assuming that each company's stock can be purchased at $75 per share, compute their (el price-earnings ratios and if dividend yields 2b. Identify which company's stock you would recommend as the better investment Complete this question by entering your answers in the tabs below. 14 Mar Help Seve & Exit