Complete this question by entering your answers in the tabs below. Which company has the better rate of growth in sales? Did the company successfully use financlal levgrage in the current year, as fudped by return on assets exceeding its interest rote on debt, in the case of (a) Roak and (b) Clay? (a) Oid Rioak Company successtuly use financial leverage in the current yoar, as judged by rotum on assats exceoding its interest rate on dobr? (b) Dis Clay Company successtuly use financial feverage in the curent yoac, as judgod by roturn on assots exceeding its interest rate on debr? Roak Company and Clay Company are simtlar firms that operate in the same industry. Clay began operations 2 years ago and Roak started 5 years ago. In the current year, both companies pay 9% interest on their debt to creditors. The following additional information is avallable. 1. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has the better return on assets? 2. Which company has the better rate of qrowth in sales? 3. Did the company successfully use financial leverage in the current year, as judged by retum on assets exceeding its interest rate on debt. in the case of (a) Roak and (b) Clay? Complete this question by enterino your answers in the tabs below. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has the better return on assets