Question: Reported below is selected financial information from two competing retail companies ($ in millions) Conpany. Sales Net income Total assets 2031 $ 405,607 $ 13,400

Reported below is selected financial information from two competing retail companies ($ in millions) Conpany. Sales Net income Total assets 2031 $ 405,607 $ 13,400 $ 163,429 2020 5378,799 $ 12,731 $163,514 Company Sales Net income Total assets 2021 $66,948 $ 2,214 $44,106 2020 $63,367 $. 2,849 $44,560 Required: 1. Calculate the return on assets, profit margin, and asset turnover ratio for Company A for 2021 2. Calculate the return on assets, profit margin, and asset turnover ratio for Company B for 2021 3-0. Which company has the higher profit margin? 3-b. Which company has the higher asset turnover? Complete this question by entering your answers in the tabs below. abp Retaliation in the png No Retaliation.jpg Workplace-Retalia.png search TIE O up

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