X i Comparative Income Statements Outdoor Fence Boulder Wall (amounts in millions) Corporation Sales $ Company 940,000 $ 627,920 70,000 44,240 Cost of goods sold Gross profit Selling, general, and administrative expenses Other operating expenses Interest expense Earnings before provision for taxes Provision for taxes 312,080 65,800 28,200 33,840 25,760 2,100 1,400 280 184,240 67,680 21,980 7,000 $ 116,560 $ 14,980 Net income $ 115,231 Average Total Assets 1,142,745 $ $ 571,373 $ 80,538 Average Stockholders' Equity Print Done Requirement b. Compute profit margin, return on assets, and return on stockholders' equity. Which company appears more profitable? Select the formula and then enter the amounts to calculate the profit margin for Outdoor Fence Company and Boulder Wall Corporation. (Round your answers to the nearest tenth of a percent, X.X%.) Profit margin % Outdoor Fence Company Boulder Wall Corporation = % Select the formula and then enter the amounts to calculate the return on assets for Outdoor Fence Company and Boulder Wall Corporation. (Round your answers to the nearest tenth of a percent, X.X%.) Return on assets % Outdoor Fence Company Boulder Wall Corporation % Select the formula and then enter the amounts to calculate the return on stockholders' equity for Outdoor Fence Company and Boulder Wall Corporation. (Round your answers to the nearest tenth of a percent, X.X%.) Return on stockholders' equity % Outdoor Fence Company Boulder Wall Corporation % Which company appears more profitable? Return on stockholders' equity % Outdoor Fence Company Boulder Wall Corporation % Which company appears more profitable? V profit margin is higher, indicating it is able to return more of each dollar of sales made to the shareholders or reinvest in the company return on assets is higher, indicating it is using its resources more efficiently. return on stockholders' equity is higher implying it is using its financing structure to provide a greater return. Overall, both companies appear profitable, with performing profitability measures. Choose from any list or enter any number in the input fields and then continue to the next