International Genetic Technologies (InGen) and The Resources Development Association (RDA) are companies involved in cutting-edge genetics research. Selected financial data for (InGen) and (RDA) are provided below: ($ in millions) InGen RDA Net sales $181,245 $142,916 Net income 10,875 21,750 Operating cash flows 14,700 18,691 Total assets, beginning 263,400 203,452 Total assets, ending 153,148 158,433 Required: 1. Calculate the return on assets for both companies. 2. Calculate the cash return on assets for both companies. 3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. 4. Which company has the more favorable ratios?

International Genetic Technologies (InGen) and The Resources Development Association (RDA) are companies involved in cuttingedge genetics research. Selected financial data for (InGen) and (RDA) are provided below: Required: 1. Calculate the return on assets for both companies. 2. Calculate the cash return on assets for both companies. 3. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. 4. Which company has the more favorable ratios? (For all requirements, round your answers to 1 decimal place. Enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).) Complete this question by entering your answers in the tabs below. Calculate the return on assets for both companies. Complete this question by entering your answers in the tabs below. Calculate the cash return on assets for both companies. Complete this question by entering your answers in the tabs below. Calculate the cash flow to sales ratio and the asset turnover ratio for both companies. Complete this question by entering your answers in the tabs below. Which company has the more favorable ratios? Which company has the more favorable ratios