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.

Required
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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Bianca Corp Total assets Revenue Net earnings Interest expense, net of tax Uzma Inc. Total assets Revenue Net earnings Interest expense, net of tax 2016 2015 2014 2013 $40,000 50,000 $ 60,000 65,000 130,000 144,000 154,000 150,000 4.800 800 25,000 1,000 3,800 800 5,000 700 S 65,000 60,000 50,000 S 40.000 150,000 154,000 144,000 130.000 25,000 300 4.800 400 5,000 500 3,800 400