Tom Company has assets of $6.3 million and $2,480,000 in long-term debt with an interest rate of 12%. Jerry Company has assets of $6.3 million and no long-term debt. The annual operating income (before interest) of both companies is $1,449,000. Ignore taxes. Requirements 1. Compute the rate of return on a. assets; and b. stockholders' equity. 2. Evaluate the relative merits of each base for appraising operating management