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Exercise 15-19 (Algo) Return on total assets LO A1 Following are financial data for Syke and Under Shield. $ millions Current Year $ 3,184
Exercise 15-19 (Algo) Return on total assets LO A1 Following are financial data for Syke and Under Shield. $ millions Current Year $ 3,184 Net sales Total assets Net income 27,694 18,653 syke 1 Year prior $3,141 29,715 21,248 Under Shield 1 Year prior $1,057 18, 644 14,185 Current Year $ 618 12,129 9,730 1. Compute return on total assets for the current year for (a) Syke and (b) Under Shield. 2. Compute both profit margin and total asset turnover for the current year for (a) Syke and (b) Under Shield. 3. Which company more efficiently used its assets in the current year?
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