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DEFT Records and Q Records provide the following selected financial data. DEFT Records Q Records 2024 2023 2024 2023 Cash and cash equivalents $150,250 $132,220

DEFT Records and Q Records provide the following selected financial data.

DEFT Records Q Records
2024 2023 2024 2023
Cash and cash equivalents $150,250 $132,220 $486,810 $428,393
Short-term investments 85,540 74,420 132,587 115,351
Accounts receivable 750,890 690,819 1,178,897 1,084,586
Inventory 650,425 604,895 1,040,680 967,832
Property, plant and equipment 2,156,850 1,919,597 3,558,803 3,167,334
Long-term investments 110,540 93,959 182,391 155,032
Total asset 3,904,495 3,515,909 6,580,168 5,918,528
Total liabilities 1,249,438 1,160,250 2,500,464 2,249,041
Total stockholders equity 2,655,057 2,355,659 4,079,704 3,669,487
Net sales $6,549,875 $5,763,890 $9,824,813 $8,645,835
Operating income 2,095,960 1,815,625 3,536,933 3,026,042
Interest expense 56,225 53,952 97,518 97,833
Investment income 5,686 5,388 13,229 10,815

Required:

  1. Calculate the return on investments ratio for DEFT Records in 2024.

Note: Round your final answer to 1 decimal place.

  1. Calculate the return on investments ratio for Q Records in 2024.

Note: Round your final answer to 1 decimal place.

Which companys investments delivered a more favorable return in 2024?

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