Exercise 17-14 (Static) 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 BioBeans $ 187,500 75,000 15,000 GreenKale $ 150,000 Net sales Net income 1a. Compute the profit margin for both companies. 60,000 9,000 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. Required 1A Required 1B Required 2 Compute the profit margin for both companies. BioBeans Numerator: 1 Profit margin Denominator: Profit margin ratio = Profit margin ratio = %