BloBeans GreenKale Average total assets... Net sales.... $187,500 $150,000 75,000 60,000 Net income 15,000 9,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Following are data for BioBeans and GreenKale, which sell organic produce and are of similar size.
1. Compute the profit margin and the return on total assets for both companies.
2. Based on analysis of these two measures, which company is the preferred investment?

BloBeans
GreenKale
Average total assets...
Net sales....
$187,500
$150,000
75,000
60,000
Net income
15,000
9,000
Transcribed Image Text:BloBeans GreenKale Average total assets... Net sales.... $187,500 $150,000 75,000 60,000 Net income 15,000 9,000
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