ook Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and oak started 5 years ago. In the current year, both companies pay 7% interest on their debt to creditors. The following additiona formation is available. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has the better return on ssets? Which company has the better rate of growth in sales? Did the company successfully use financial leverage in the current year, as judged by return on assets exceeding its interest ate on debt, in the case of (a) Roak and (b) Clay? Complete this question by entering your answers in the tabs below. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has the better return on assets