Question 8 of 8 > -/3 E Current Attempt in Progress Flint Corporation and Bramble Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe- tracing devices. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the following information. Flint Corp. Bramble Corp. Net income $200,880 $267,300 Sales revenue 1,004,400 1,069,200 Total assets (average) 3,240,000 2,970,000 Plant assets (average) 2,430,000 1,817,000 Intangible assets (goodwill) 339,100 0 (a) K For each company, calculate these values: (Round asset turnover to 2 decimal places, e.g. 6.25 and other answer to 1 decimal place, e.g. 6.2.) 1. Return on assets 2. Profit margin 3. Asset turnover C 2 3 $ Flint Corp. % % do times Search or type URL 95 % & 6 27 W E R T Y S D G H Bramble Corp. % U Z * 8 % times + M K