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Following are financial data for Syke and Under Shield. Syke Under Shield $ millions Current Year...

Following are financial data for Syke and Under Shield.

Syke Under Shield
$ millions Current Year 1 Year prior Current Year 1 Year prior
Net income $ 3,059 $ 3,402 $ 996 $ 2,144
Net sales 26,878 32,474 19,838 38,180
Total assets 18,367 23,525 16,257 29,416


1. Compute the return on total assets for the current year for (a) Syke and (b) Under Shield.
2. Which company more efficiently used its assets in the current year?

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Answer #1

1 Return on total Assets Net Income Average total assets stal asset x100 Particulars skype under shield $966 $3,059 Net incom

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