Check my ar 20 Problem Module 2 Textbook Problem 20 Learning Objective: 2-18 Show how expense recognition choices and industry characteristics affect financial performance measures 05 Heatwave Gaming develops markets and publishes electronic gemes ZipTrain is one of the largest way networks in the nation, with over 27000 miles of railroads. The following data were taken from each of the companies December 31 2017 annual reports Revealing which dotorelate to which company was intentionally omitted. The dollar amounts are in millions .COM 1340 1,2,400 Deprecations 110 Durants 2.94 1,282,66 Property, plant, and wipent 39,13 Total 25 24,000 2.525.640 F 20 net earnings Current assets Property, plant, and equipment Total assets 336 2.934 19,975 24,830 95,486 1,282,665 339,132 2,535,640 05 points Hint Required 0. Calculate depreciation costs as a percentage of sales for each company. (Round your percentage answers to 2 decimal places (e. 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 (.e., 0.0123 is entered as 1.23%).) c. Based on the information now available to you, which company is Ziptrain? d. Wnich company appears to be using its assets most efficiently? Company 1 Company 2 a Depreciation based on Sales b. Percentage of plant to total assets Based on the information now available to you, which company is Ziptrain? d Managing its assets more efficiently Module 2 Textbook Problems Save H 20 decimal places (ie, 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? 0.5 bon Company 1 Company 2 Depreciation based on 1. Percentage of plant to be Based on the formation now available to you, which company in Ztrain? d. Managing is more efficiently 7 20 measures 05 points Heatwave Gaming develops, markets, and publishes electronic games. ZipTrain is one of the largest railway networks in the notion with over 27000 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 $ 7,80 $1,902,400 Depreciation costs 57,200 Net earnings 95,486 current assets 2,986 1,282,665 Property, plant, and equipment 19,975 339,132 Total assets 24,83 2,535,600 8 03:26.23 880 336 Sloped Hint Required a. Calculate depreciation costs as a percentage of sales for each company. (Round your percentage answers to 2 decimal places (ie., 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 (e., 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
