The Food division of Garcia Company reports the following for the current yeat Garcia wants to achieve at least a 10% profit margin next yeat. Two alternative strategies are proposed Strotegy 1: Increase adventising expenses by $225,000. The company expects this to increase sales by $600,000. Cost of goods sold Will not change Strategy 2: Develop a more efficient manufacturing process. This will decrease cost of goods sold by $140,000 a. For each strategy, compute the profit margin expected for next yeat. b. Which strategy should Garcia choose based on expected profit margin? Complete this question by entering your answers in the tabs betow. For nach strategy, cornpute the profit margin expected for next year, (Bormd vout inswirn to one decimal place.) The Food division of Garcia Company reports the following for the cuntent year: Gatcla wants to achieve at least a 10\%, profit margin next yeat. Two alternative strategies are proposed Strategy 1: Inctease advertising expenses by $225,000, The company expects this to increase sales by $600,000, Cost of goods sold Will not change Strategy 2: Develop a more efficient manufacturing process. This wit decrease cost of goods soid by $140,000. o. For each strategy, compute the profit margin expected for next year: b. Which strategy should Garcla choose based on expected profit matgin? Complete this question by enterind your nnswers in the tabs befow: Which strategy shoold Gatoia choose based an mopected girofit margint