Edison Co. reported the following for the current years Net sales Cost of goods sold Net income Beginning balance of total assets Ending balance of total assets $99,000 $71,000 $25,740 $80,000 591,600 Compute (a) profit margin and (b) return on total assets. Complete this question by entering your answers in the tabs below. Profit margin Ratio Return On Total Assets Compute the profit margin ratio: Profit Margin Ratio 1 Choose Denominator Choose Numerator: Profit Margin Ratio Profit margin ratio 2 ProMargin Ratio Return On Total Assets > Edison Co. reported the following for the current year: Net sales Cost of goods sold Net Income Beginning balance of total assets Ending balance of total assets $99.000 $71,00 $25,740 $80,000 591,600 Compute (a) profit margin and (b) return on total assets Complete this question by entering your answers in the tabs below. Profit Margin Return On Ratio Total Assets Return On Total Assets Compute the return or rotar assets. Return On Total Assets 1 Choose Denominator: Choose Numerator: Return On Total Assets Return on total assets %