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1. The following intormation is available from the financial statements of Johnson Company and Walker Company for the year ended December 31, 2022. Both companies

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1. The following intormation is available from the financial statements of Johnson Company and Walker Company for the year ended December 31, 2022. Both companies operate in the chemical industry. Instructions: a) Calculate both companies' asset turnover and return on assets ratios. Round to two decimal places. ( 4 marks) b) Compare each companies' performance based on the ratios from Part a). ( 4 marks) c) List two (2) other sources of information that would make analysis of the ratios more useful. (2 marks)

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