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International Genetic Technologies (InGen) and The Resources Development Association (RDA) are companies involved in cutting- edge genetics research. Selected financial data for (InGen) and (RDA)

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International Genetic Technologies (InGen) and The Resources Development Association (RDA) are companies involved in cutting- edge genetics research. Selected financial data for (InGen) and (RDA) are provided below. (Round your answers to 1 decimal place. Enter your answers in millions (ie.. $10,100,000 should be entered as 10.1). (s in millions) InGer RDA Net sales $169,245 $134,916 Net income 10,155 20, 310 Operating cash flows 14,480 18,546 Total assets, beginning 243,400 183,452 Total assets, ending 151,561 159, 300 Required: 1. Calculate the return on assets for both companies. ($ in millions) Return on Assets Return on Assets % InGen RDA 2 Calculate the cash return on assets for both companies. (S in millions) Cash Return on Assets Cash Return on Assets % Ingen RDA 3. Calculate the cash flow to sales ratio and the asset tumover ratio for both companies. (5 in millions) Cash Flow to Sales InGen RDA Cash Flow to Sales % % Asset Turnover InGen RDA = Asset Turnover times times 4. In general, which company has the more favorable ratlos? O International Genetic Technologies (Ingenj O Resources Development Association (RDA)

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