Analyzing the financial information for Company M3 and Company N3:

Criteria	Company M3	Company N3
Net Income	$3,300,000	$3,000,000
Total Assets	$33,000,000	$30,000,000
Total Liabilities	$26,000,000	$24,000,000

Determine the return on assets (ROA) for both companies and analyze which company appears to be more efficient in generating profits relative to its assets.