MAX			AXIS
Year	2006	2005	2004	2006	2005	2004
Total asset turnover	4.0	3.7	3.9	2.6	2.4	2.1
Return on total assets	9.9%	10.5%	9.7%	6.8%	6.5%	6.2%
Profit margin	3.3%	3.4%	3.2%	3.7%	3.9%	3.8%
Sales (RM)	500,000	470,000	486,000	300,000	260,000	200,000

Both companies pays 7% interest on their debt to creditors.

Analyze the above available information for MAX and AXIS. Write a half-page report comparing MAX and AXIS. Include in your discussion the growth pattern for each company; their ability to use assets efficiently to produce profits. Also comment on their success in using financial leverage in 2006. (25 marks)