Edison Co. reported the following for the current year: Net sales $80,000 Cost of goods sold $56,090 Net income $16,000 Beginning balance of total assets $60,000 Ending balance of total assets $68,000 Book Compute (a) profit margin and (b) return on total assets. Print Complete this question by entering your answers in the tabs below. erences Profit Margin Ratio Return On Total Assets Compute the profit margin ratio. Choose Numerator Average total assets Profit Margin Ratio Choose Denominator: Average total assets Profit Margin Ratio Profit margin ratio 0 % Return On Total Assets >