elected 2020 balance sheet and income statement information for Vkusno & Tochka Corporation and Tasty Treats, Inc., follows.

($ millions)	Sales Revenue	Interest Expense	Net Income	Average Total Assets
Vkusno & Tochka	$96,040	$6,090	$27,786	$294,060
Tasty Treats	28,260	2,715	5,309	32,549

a. Compute the return on assets (ROA) for each company. Use the 25% statutory tax rate. Note: Round your answers to the nearest million dollars.

		Numerator ($ millions)		Denominator ($ millions)	=	Result
	Vkusno & Tochka's ROA	Answer		Answer	=
	Tasty Treats' ROA	Answer		Answer	=

b. Disaggregate ROA into prot margin (PM) and asset turnover (AT) for each company. Note: Round your answers to the nearest million dollars.

		Numerator ($ millions)		Denominator ($ millions)	=	Result
	Vkusno & Tochka's PM	Answer		Answer	=
	Tasty Treats' PM	Answer		Answer	=
	Vkusno & Tochka's AT	Answer		Answer	=
	Tasty Treats' AT	Answer		Answer	=

	PM	x	AT	=	ROA
Vkusno & Tochka's ROA		x		=
Tasty Treats' ROA		x		=

c. Discuss any dierences in these ratios for each company. AnswerVkusno & TochkaTasty Treats has the lower ROA ratio. AnswerVkusno & TochkaTasty Treats has the higher PM ratio. AnswerVkusno & TochkaTasty Treats has the higher AT ratio.