Selected financial data for two competitors in the telecommunications industry are as follows:

Required:
1. Calculate the return on assets for 2015 for both companies. Which company has the better return on assets?
2. Calculate the cash return on assets for 2015 for both companies. Which company has the better cash return on assets?
3. Calculate the cash flow to sales ratio and the asset turnover ratio for 2015 for both companies. Which company has the better ratios?

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(S in millions) Company A 2015 2014 Net Sales Net Income Net Cash Flows from Operations (CFFO) Total Assets S71,486 S475,203 5,622 10,612 4,507 11.609 55,799 55,380 Company B Net Sales Net Income Net Cash Flows from Operations (CFFO) Total Assets S39,540 S34,922 8,052 7,333 10,104 58,734 53,340 12,089