Accessing SEC reports and Calculating Ratios

Access the financial reports for the fiscal year ending in $2022$ at the SEC website for Medtronic and Boston Scientific, two competitors in the medical device industry.

a$.$ Use data from the companies' balance sheets and income statements to complete the following table.

b$.$ Calculate the following ratios for each company.

c$.$ Which company has the better ROA?

d$.$ Which of the following is true? As compared to Boston Scientific

Please answer all parts of the question.

Medtronic has a better profit margin and a weaker asset turnover.

Medtronic has a weaker profit margin and a weaker asset turnover.