Exercise 17-13 Analyzing efficiency and profitability LO P3 Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. BioBeans Greenkele Average total asets $232, 500 $177,000 Net sales 105,000 70, 800 Net income 16,275 4.000 Required: 10. Compute the profit margin for both companies 16. 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. Ice Req 1A Rec 1B Required 2 Compute the profit margin for both companies. Choose Numerator: Profit margin Choose Denominator Profit margin ratio Profit margin ratio BioBeans Greenkale % 1 % Reg 1B > Exercise 17-13 Analyzing efficiency and profitability LO P3 Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. BioBeans Creenkale hverage total assets 3232.500 3177,000 Net pales 105,000 70, 800 Het income 16,275 4.000 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. Reg 1A Reg 1B Required 2 Compute the return on total assets for both companies. Choose Numerator Return on total assets Choose Denominator: BioBeans GreenKale Return on total assets Return on total assets 90 94