Question: You are given the following data on two companies, M and N (figures are millions): Particulars M N Sales: $ 1,080 $ 1,215 Net income:

You are given the following data on two companies, M and N (figures are millions):

Particulars M N
Sales:  $ 1,080 $ 1,215
Net income:  $ 54 $ 122
Investment:  $ 180 $ 405


Required

a. Which company has the higher profit.

b. Which company has the higher investment turnover? 

c. Based solely on the data given, in which firm would you prefer toinvest?

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