Question: Bianca Corp and Uzma Inc operate in the same industry

Bianca Corp. and Uzma Inc. operate in the same industry. The companies’ total assets, revenue, and net earnings for the years 2013– 2016 are provided below. All amounts are in thousands of dollars.
1. Compute the total asset turnover ratio and the return on assets for each company for each of the years 2014, 2015, and 2016.
2. Based on the two sets of ratios that you computed, which company was more efficient in managing its assets during the 2013– 2016 period? Explain.

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