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Complete this question by entering your answers in the tabs below. Following are data for BioBeans and GreenKale, which sell organic produce and are of
Complete this question by entering your answers in the tabs below.
Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total assets Net sales Net income BioBeans GreenKale $190,000 $151,500 50,000 45,450 9,500 8,000 Required: 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. Req 1A Reg 1B Required 2 Compute the profit margin for both companies. Profit margin Choose Denominator: Choose Numerator: = Profit margin ratio Profit margin ratio BioBeans GreenKale Reg 1A Req 1B Required 2 Compute the return on total assets for both companies. Return on total assets Choose Numerator: 1 Choose Denominator: = Return on total assets Return on total assets BioBeans GreenKale Req 1A Reg 1B Required 2 Based on analysis of these two measures, which company is the preferred in Preferred investment company is Require BioBeans GreenKaleStep by Step Solution
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