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Following are financial data for Syke and Under Shield. Syke $ millions Net income Net sales Total assets Current Year $ 3,181 27,525 18,346 1
Following are financial data for Syke and Under Shield. Syke $ millions Net income Net sales Total assets Current Year $ 3,181 27,525 18,346 1 Year prior $ 2,884 27,046 19,195 Under Shield Current 1 Year Year prior $367 $ 483 7,032 8,373 5,521 6,224 1. Compute the return on total assets for the current year for (a) Syke and (b) Under Shield. 2. Which company more efficiently used its assets in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the return on total assets for the current year for (a) Syke and (b) Under Shield. (Do not round intermediate calculations. Round your final answers to 1 decimal place.) a. Syke b. Under Shield Returiu Required 2 >
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