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Following are financial data for Syke and Under Shield. Under Shield Syke Current 1 Year 1 Year $ millions Net income prior $3,552 33,452 23,831
Following are financial data for Syke and Under Shield. Under Shield Syke Current 1 Year 1 Year $ millions Net income prior $3,552 33,452 23,831 prior $ Year Current Year $ 3,786 $ 533 10,355 8,224 787 Net sales 32,821 21,976 13,758 10,374 Total assets 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? Required 2 Required 1 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 % Required 1 Required 2 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which company more efficiently used its assets in the current year? More efficiently used in the current year Required 2
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