Question

Problems
Problem 13-1.
You are given the following data on two companies, M and N (figures are millions):
Sales
Net income
Investment
M
N
$1,080 $1,215
54 122
180 405
Required:
a. Which company has the higher profit margin?
b. Which company has the higher investment turnover?
c. Based solely on the data given, in which firm would you prefer to invest?​

Answer 1

Answer:

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