Using the data provided below, which is the better managed company? Why? Please support your answers by calculating appropriate ratios. You can find the ratios and formulas for these ratios in the week one online lecture on ratio analysis. (10 points)

                              Company A                            Company B

Sales              10 million dollars                    20 million dollars

Net Income     1 million dollars                      2 million dollars

Total Assets     10 million dollars                 15 million dollars

Answer rating: 100% (QA)

RETURN ON ASSETNET INCOMETOTAL ASSETS COMPANY A RETURN ON ASSET11001 CO... View the full answer