Current Attempt in Progress Novak Corporation and Pina Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe- tracing devices. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the information shown below. Net income Sales revenue Total assets (average) Plant assets (average) Intangible assets (goodwill) Novak Corp $ 239,540 1,197,700 3,422,000 2,850,000 365,100 Pina Corp. $ 321,200 1,284,800 3,212,000 1.826,000 0 (a) For each company, calculate these values: (Round return on assets and profit margin to 1 decimal place, e.g. 6.2% and asset turnover to 2 decimal places, e.g. 17.54.) Novak Corp. Pina Corp. % % (1) Return on assets % % (2) Profit margin times times (3) Asset turnover e Textbook and Media