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Following are financial data for Syke and Under Shield. Syke Under Shield $ millions Current Year 1 Year prior Current Year 1 Year prior Net

Following are financial data for Syke and Under Shield.

Syke Under Shield
$ millions Current Year 1 Year prior Current Year 1 Year prior
Net income $ 3,572 $ 3,135 $ 281 $ 269
Net sales 30,798 29,322 5,296 4,605
Total assets 20,398 20,723 4,041 3,371

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?

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Required 1 Required 2 Compute the return on total assets for the current year for (a) Syke and (b) Under Shield. (Do not round i calculations. Round your final answers to 1 decimal place.) a. Syke b. Under Shield Required 1 Required 2 Which company more efficiently used its assets in the current year? More efficiently used in the current year

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