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Allied Construction and Axis Construction reported the following information in their annual financial statements (5 in millions): Allied construction 2021 2020 Sales $48,283 546, 922

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Allied Construction and Axis Construction reported the following information in their annual financial statements (5 in millions): Allied construction 2021 2020 Sales $48,283 546, 922 Net Income 2.809 3,105 Total assets 30.869 27,767 Axis Construction Sale Not Income Total assets 2021 577,349 4,395 44,324 2020 590,837 5,761 52, 263 Required: 1. Calculate Allied Construction's return on assets, profit margin, and asset turnover ratio for 2021. (Do not round your intermediate calculations. Round your percentage answers to 1 decimal place and "Asset turnover" to 2 decimal places.) Return on assets Profit margin Asset turnover times 2. Calculate Axis Construction's return on assets, profit margin and asset turnover ratio for 2021. (Do not round your intermediate calculations, Round your percentage answers to 1 decimal place and "Asset turnover" to 2 decimal places.) Law Iww.pal 5 6 Z 2. Calculate Axis Construction's return on assets, profit margin, and asset turnover ratio for 2021. (Do not round your intermediate calculations. Round your percentage answers to 1 decimal place and "Asset turnover" to 2 decimal places.) Return on assets Profit margin Asset tumover % % times 3-a. Which company has the better profit margin? O Axis O Allied 3-b. Which company has the better asset turnover? Axis Allied

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