What is the return on assets for each company

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Question: Key comparative figures ($ millions) for two companies, Alltech and SynergyXT, are presented in the following table.

Key Figures

Alltech

SynergyXT

Liabilities + owners' equity........... 

$11,502

$48,823

Net income................................. 

3,127

9,276

Sales......................................... 

15,453

44,612

For this exercise, perform a comparative analysis of these two companies that answers the following five questions:

What is the return on assets for each company? Alltech's beginning-year assets equal $8,101 (in millions) and SynergyXT's beginning-year assets equal $36,171 (in millions).

 

Reference no: EM133419449

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