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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 Net income BioBeans $215,000
Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size. Average total assets Net sales Net income BioBeans $215,000 105,000 15, 050 GreenKale $166,500 33, 300 3,900 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 Req 1B Required 2 Compute the profit margin for both companies. Profit margin Choose Denominator: Choose Numerator: Profit margin ratio Profit margin ratio 11 BioBeans HE % GreenKale IF % Req 1B> Complete this question by entering your answers in the tabs below. Req 1A Req 18 Required 2 Compute the return on total assets for both companies. Choose Numerator: Return on total assets I Choose Denominator: Return on total assets Return on total assets % 1 BioBeans GreenKale = % Req 1A Required 2 >
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