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Please answer in this format! Following are financial data for Syke and Under Shield. $ millions Net income Net sales Total assets Syke Current 1
Please answer in this format!
Following are financial data for Syke and Under Shield. $ millions Net income Net sales Total assets Syke Current 1 Year Year prior $ 3,635 $ 3,833 31,798 36,430 21,629 26, 238 Under Shield Current 1 Year Year prior $ 997 $ 2,032 19,748 36,103 16,073 27,723 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 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 Required 1 Required 2 Which company more efficiently used its assets in the current year? More efficiently used in the current yearStep by Step Solution
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