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3 8 Heatwave Gaming develops, markets, and publishes electronic games. ZipTrain is one of the largest rallway networks in the nation, with over 27,000 miles
3 8 Heatwave Gaming develops, markets, and publishes electronic games. ZipTrain is one of the largest rallway networks in the nation, with over 27,000 miles of railroads. The following data were taken from each of the companies December 31, 2017, annual reports. Revealing which data relate to which company was intentionally omitted. The dollar amounts are in millions Company 1 Company 2 Sales 5 8,020 $1,90), 700 Depreciation conta 510 57,440 Not warnings 318 95,009 Current sota 3.112 1,281,153 Property, plant, and equipment 20.035 339, 606 Total ante 25,017 Book Him Print Required a. Calculate depreciation costs as a percentage of sales for each company. (Round your percentage answers to 2 decimal places (Le., 0.0123 is entered as 1.23%).) b. Calculate property, plant, and equipment as a percentage of total assets for each company. (Round your percentage answers to 2 decimal places (1.0, 0.0123 is entered as 1.23%).) c. Based on the information now available to you, which company is Ziptrain? d. Which company appears to be using its assets most efficiently? Company 1 Company 2 Depreciation based on sales 6. Percentage of plant to total assets Based on the information now available to you, which company is ptrain? d. Managing its assots more efficiency
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