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Question 15 5 Points You have been asked to compare two companies based upon the following financial data. Firm Alpha had a net income of
Question 15 5 Points You have been asked to compare two companies based upon the following financial data. Firm Alpha had a net income of $3,281,000 and sales of $78,112,000. Firm Beta had a net income of $2,937,000 and sales of 75,356,000. Based just on this data, which is the better performing company and why? A Firm Beta as its profit margin is 25.7% while Firm Alpha has a profit margin of 23.9% B Firm Alpha as its profit margin is 6.2% while Firm Beta has a profit margin of 4.9% Firm Beta as its profit margin is 4.2% while Firm Alpha has a profit margin of 3.9% D Firm Alpha as its profit margin is 4.2% while Firm Beta has a profit margin of 3.9%
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