Muffin Mania, Inc., and Coffee Grind Corporation are both specialty food chains. The two companies reported these figures, in millions: 1 (Click the icon to view Muffin Mania's financial statements.) 2 (Click the icon to view Coffee Grind's financial statements.) Read the requirements 3. Requirement 1. Compute gross margin percentage and the rate of inventory turnover for Muffin Mania and Coffee Grind for 2021. (Round decimal place, X.X.) Requirement 2. Based on these statistics, which company looks more profitable? Why? Based on the statistics calculated in Requirement 1, (1) The company identified in the preceding step as looking more profitable: (select all that apply) A. has a higher gross profit percentage B. turns inventory more rapidly Coffee Grind Corporation Income Statements (Adapted) Years Ended December 31 Balance Sheets (Adapted) 3: Requirements 1. Compute gross margin percentage and the rate of inventory turnover for Muffin Mania and Coffee Grind for 2021. 2. Based on these statistics, which company looks more profitable? Why