The contractual interest rate of the Blue Spruce bonds is greater than the market rate of interest. less than the market rate of interest. not determinable. equal to the market rate of interest. In its first year of business, Pearl purchased land, a building, and equipment on March 5, 2023, for $660,000 in total. The land was valued at $290,640, the building at $332,160, and the equipment at $69,200. Additional information on the depreciable assets follows: Allocate the purchase cost of the land, building, and equipment to each of the assets. Land Building Wildhorse Company and Swifty Company both manufacture school science equipment. The following financial information is for three years ended December 31 (in thousands): Calculate the asset turnover and return on assets ratios for both companies for 2023 and 2024. (Round answers to 2 decimal places es. 52.75.)