The following data were taken from the 2017 annual reports of Bio Biz, Incorporated and RxReady, Incorporated Both companies are leaders in biotechnology. All dollar amounts are in millions.

	Biogen Idec December 31, 2017	Amgen December 31, 2017
Total assets	$ 25,852.6	$ 82,154
Total liabilities	12,154.5	55,813
Stockholders equity	13,698.1	26,341
Net income	3,770.1	2,089

Required:

A. For each company, compute the debt-to-assets ratio, return-on-assets ratio, and return-on-equity ratio.

B. Which company has the greatest level of financial risk?

C. Which company appears to have managed its assets most efficiently?

D. Which company performed better from the perspective of the owners?