A summary of selected historical results is presented below for three Canadian companies: Barrick Gold, WestJet Airlines, and Le Groupe Jean Coutu. Each of these companies has grown in size over time by acquiring assets and investing in other companies. (Amounts are in millions of dollars.)

Required:
1) Complete the following table by computing the total assee turnover ratio and the return on assets ratio for each company for each of the years 2007 and 2008.

2) Based on the computed ratios, rank these companies from most successful to least successful in implementing their growth strategies and effectively utilizing their assets.
3) Which of these three companies appears to be in the best position at the end of 2008 to pay off its short-term liabilities? What additional information would help you provide a more definite answer to this requirement? Explain.

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Barrick Gold 2008 2007 2006 2005 2004 2003 Total assets $24.161 $21,951 $21,373 $6,862 $6,287 $5,358 Total revenue 7.913 6.332 5,630 2,350 1,932 2,035 Prof 785 1.119 1,506 401 248 200 Interest expense, net of tax 16 85 95 5 14 14 Operating cash flow 2,206 1,732 2,122 726 509 519 WestJet Airlines Total assets 3,279 2.984 2,727 2,213 1,877 1,477 Total revenue 2.549 2,127 1,774 1,393 1,058 864 Proft (loss) 178 193 115 24 (17) 61 Interest expense, nel of tax 53 57 49 39 33 18 Operating cash flow 461 541 336 247 144 192 Le Groupe Jean Coutu Total assets 1,949 2,337 5,591 5,695 1,344 1,723 Total revenue 1,676 13,265 11,143 9,617 3,043 4,052 Profit (loss) (251) 163 104 104 133 164 Interest expense, net of tax 4 195 143 113 11 15 Operating cash flow 146 192 165 222 186 214