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Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total assets Net sales BioBeans $ 187,500
Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total assets Net sales BioBeans $ 187,500 75,000 15,000 Net income GreenKale $ 150,000 60,000 1a. Compute the profit margin for both companies. 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 return on total assets for both companies. BioBeans GreenKale Numerator: 1 Return on total assets Denominator: Return on total assets = Return on total assets 1 = % 1 || % < Required 1A Required 2 >
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