For both companies compute the profit margin ratio

Check my work 4 Problem 13-5A Comparative ratio analysis LO A1, P3 [The following information applies to the questions displayed below.] Summary information from the financial statements of two companies competing in the same industry follows. Part 2 of 2 Barco Kyan Barco Kyan Company Company Company Company Data from the current year-end balance sheets Data from the current year's income statement 25 Assets Sales $770, 000 $880, 200 points Cash $ 19,500 $ 34,000 Cost of goods sold 585, 100 632, 500 Accounts receivable, net 37, 400 57, 400 Interest expense 7,900 13, 090 Current notes receivable (trade) 9, 100 7, 200 Income tax expense 14, 800 24, BOO eBook Merchandise inventory 84, 440 132,500 Net income 162, 200 210, 400 Print Prepaid expenses 5 , 000 6,950 Basic earnings per share 4.51 5 11 290, 000 304, 400 3.81 3.93 References Plant assets, net Cash dividends per share Total assets $445, 440 $542, 450 Beginning of-year balance sheet data Liabilities and Equity Accounts receivable, net $ 29, 800 $ 54, 200 Current liabilities $ 61, 340 $ 93, 300 Current notes receivable (trade) 0 Long-term notes payable 80, 800 101,000 Merchandise inventory 55, 600 107, 400 Common stock, $5 par value 180, 000 206, 000 Total assets 398, 000 382,500 Retained earnings 123, 300 142, 150 Common stock, $5 par value 180, 000 206,900 Total liabilities and equity $445, 440 $542, 450 Retained earnings 98 , 300 93, 600