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Following are data for BioBeans and Greenkale, which sell organic produce and are of similar size BioBeans Greenkale Average total assets $195,000 $154,500 Net sales
Following are data for BioBeans and Greenkale, which sell organic produce and are of similar size BioBeans Greenkale Average total assets $195,000 $154,500 Net sales 65,000 77,250 Net income 13,650 7.000 Required: 1o. 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 18 Required 2 Compute the profit margin for both companies. Choose Numerator: Profit margin Choose Denominator: Profit margin ratio Profit margin ratio BioBeans GreenKale 36 % Ren Reg 18 >
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