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Allied Construction and Axis Construction reported the following information in their annual financial statements ( $ in millions): Required: 1. Caiculate Allied Construction's return on
Allied Construction and Axis Construction reported the following information in their annual financial statements ( $ in millions): Required: 1. Caiculate Allied Construction's return on assets, profit margin, and asset turnover ratio for 2024. 2. Calculate Axis Construction's return on assets, profit margin, and asset turnover ratio for 2024. 3-a. Which company has the better profit margin? 3-b. Which company has the better asset tumover? Complete this question by entering your answers in the tabs bolow. Calculate Allied Construction's return on assets, profit margin, and asset turnover ratio for 2024. (Do not round your intermediate calculations, Round your percentage answers to 1 decimal place and "Asset turnover" to 2 decimal places.) Calculate Axis Construction's retum on assets, profit margin, and asset turnover ratio for 2024. (Do not round your intermediate calculations. Round your percentage answers to 1 decimal place and "Asset turnover" to 2 decimal places.) Complete this question by entering your answers in the tabs below. Which company has the better profit margin? Complete this question by entering your answers in the tabs below. Which company has the better asset turnover
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