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Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total aasets Net sales Net income BioBeans
Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total aasets Net sales Net income BioBeans GreenKale $220,000 115,000 13,200 $169,500 50,850 5,000 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? Compute the profit margin for both companies. Profit margin I Choose Denominator: Choose Numerator: Profit margin ratio Profit margin ratio BioBeans GreenKale % Compute the return on total assets for both companies. Return on total assets I Choose Denominator: Choose Numerator: Return on total assets = Return on total assets BioBeans GreenKale Based on analysis of these two measures, which company is the preferred investment? Preferred investment company is
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