Pine Forest Logging and Maple Grove Timber reported the following for 2023 Pine Forest Logging Revenue $230 million COGS $138 million Operating Expenses $100 million Net Income $8 million Total Assets $250 million Total Liabilities $120 million Maple Grove Timber Revenue $225 million COGS $130 million Operating Expenses $102 million Net Income $7 million Total Assets $245 million Total Liabilities $125 million Compare the gross profit margins of both companies Calculate the operating profit margins Determine which company has a better debt to equity ratio

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Question: Pine Forest Logging and Maple Grove Timber reported the following for 2023: Pine Forest Logging: Revenue: $230 million COGS: $138 million Operating Expenses: $100 million

Pine Forest Logging and Maple Grove Timber reported the following for 2023:

Pine Forest Logging:

Revenue: $230 million
COGS: $138 million
Operating Expenses: $100 million
Net Income: -$8 million
Total Assets: $250 million
Total Liabilities: $120 million

Maple Grove Timber:

Revenue: $225 million
COGS: $130 million
Operating Expenses: $102 million
Net Income: -$7 million
Total Assets: $245 million
Total Liabilities: $125 million

Compare the gross profit margins of both companies. Calculate the operating profit margins. Determine which company has a better debt-to-equity ratio.

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