Selected financial data for two intense competitors in a recent year follow (amounts in millions):

Required:
a. For each company, calculate the following ratios:
i. Average collection period (in days) for receivables
ii. Average holding period (in days) for inventory
iii. Current ratio
iv. Debt to total assets
v. Times interest earned
vi. Return on assets
vii. Return on equity
b. Compare the financial position and performance of the two companies, and comment on their relative strengths and weaknesses.

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Zeus Corpon Mars Company Statement of earnings data Net sales Cost of goods sold Selling and administrative expenses Interest expense Other expenses Income taxes S 3,350 2.980 95 $ 6,810 5,740 175 8 62 $ 75 Net earnings S 375 Cash flow statement data Net cash inflow from operating activities Net increase in cash during the year S 125 IO s 260 37 Statement of financial position data: End-of-year balances 1,020 1,865 Current assets s 1,620 2.940 1,020 s 5,580 Property, plant, and equipment (net) Other assets Total assets $ 3,605 Current liabilities Long-term debt Total shareholders' equity Total liabilities and shareholders' equity 575 2.220 810 $ 3,605 1,620 S 5,580 Beginning-of-year balances Total assets Total shareholders equity $ 3,250 750 s 5.160 1,245 Other data: Average net receivables Average inventory 350 290 S 790 575