Exercise 13-13 Analyzing efficiency and profitability LO P3 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 $ 192,500 $153,000 60,000 61,200 11,550 7,500 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. Choose Numerator: Profit margin Choose Denominator: Profit margin ratio Profit margin ratio % BioBeans GreenKale % Root Reg 1B > Saved Exercise 13-13 Analyzing efficiency and profitability LO P3 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 $ 192,500 $153,000 60,000 61,200 11,550 7,500 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? 5 Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Required 2 Compute the return on total assets for both companies. Return on total assets Choose Numerator: I Choose Denominator: Return on total assets Return on total assets % 1 BioBeans GreenKale % Exercise 13-13 Analyzing efficiency and profitability LO P3 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 $ 192,500 $ 153,000 60,000 61,200 11,550 7,500 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. Reg 1A Reg 1B Required 2 Based on analysis of these two measures, which company is the preferred investment? Preferred investment company is