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The following data were taken from the 2018 annual reports of LifeLabs, Incorporated and Destira Corporation. Both companies are leaders in biotechnology. All dollar amounts

The following data were taken from the 2018 annual reports of LifeLabs, Incorporated and Destira Corporation. Both companies are leaders in biotechnology. All dollar amounts are in millions. Total assets Total liabilities Stockholders' equity Net income 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? Required A Required B LifeLabs December 31, 2018 $23,476.8 11,048.2 12,428.6 4,002.8 Complete this question by entering your answers in the tabs below. LifeLabs Destira Debt to Assets For each company, compute the debt-to-assets ratio, return-on-assets ratio, and return-on-equity ratio. (Round your answers to 1 decimal place.) % Destira December 31, 2018 $78,226 48,051 30,175 7,752 Required C Required D Return on Assets % % Return on Equity % %
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The following dato were taken from the 2018 annual reports of LifeLabs, incorporated and Destira Corporation. Both companies are leaders in blotechnology. All dollat amounts are in millions. Required a. For each company, compute the debt to assets ratio, return on assets tatlo, and retum-on-equity ratio b. Which company has the greatest level of financlal tisk? c. Which company appears to have managed its assets most elficiently? d. Which company performed better from the perspective of the owners? Complete this question by entering your answers in the tabs below. For each company, compute the debt-to-assets ratio, return-on-assets ratio, and return-on-equaty ratio. (Round your answars to 1 decimal place.)

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