please give clear simple explanation :)

Damita Company reported net income of $48,025 and net sales of $425,000 for the current year. (a) Compute Damita's profit margin. (b) Assuming Workfit (a competitor) has a profit margin of 15%, which company is generating more profit on each dollar of sales Complete this question by entering your answers in the tabs below. Compute Damita's profit margin. Damita Company reported net income of $48,025 and net sales of $425,000 for the current year. (a) Compute Damita's profit margin. (b) Assuming Workfit (a competitor) has a profit margin of 15\%, which company is generating more profit on each dollar of sales? Complete this question by entering your answers in the tabs below. Assuming Workfit (a competitor) has a profit margin of 15%, which company is generating more profit on each dollar of sales? Which company is generating more profit on each dollar of sales? Damita Company reported net income of $48,025 and net sales of $425,000 for the current year. (a) Compute Damita's profit margin. (b) Assuming Workfit (a competitor) has a profit margin of 15%, which company is generating more profit on each dollar of sales Complete this question by entering your answers in the tabs below. Compute Damita's profit margin