The following information for 2020 is provided for two public companies in the same industry: North Ltd. South Ltd. Net sales.... 100,000 10.000 Gross profit 46,000 3.500 Net Profit. 8,100 970 Earnings per share $10.50 $3.25 Dividends paid per share. 2.50 1.50 Market price per share 120.00 28.00 Required: Answer the following questions about the two companies and explain the reason for your answer. Use the information provided to calculate the ratios needed to support your answers. a. Based on the above information, which company is more profitable? Explain. (3 marks) b. About which company are investors more optimistic? Explain. (3 marks) C. In which company would investors prefer to buy shares for growth potential? Explain