Cullumber Mart and Ivanhoe Shop are two companies of roughly the same size running company depreciates its plant assets using the straight-line method. An investigation of their financial statements reveals the following information: Net income Sales revenue Total assets (average) Plant assets (average) A. Return on assets Cullumber Mart B. Asset turnover $166,656 1,139,200 5,555,200 2,112,000 For each company, calculate: (Round answers to 2 decimal places, e.g. 52.75.) Ivanhoe Shop $169,360 1,408,000 7,027,200 2,432,000 Cullumber Mart % Ivanhoe Shop %

Cullumber Mart and lvanhoe Shop are two companies of roughly the same size ootn company depreciates its plant assets using the straight-line method. An investigation of their financial statements reveals the following information: For each company, calculate: (Round answers to 2 decimal ploces, es. 52.75.)