Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e.
a. Create a table that compares the performance of General Electric (GE) and Raytheon, competing firms in the aerospace services industry, on operating expenses as a percent of sales and long-term asset turnover for 2018 and 2017.
b. For the two companies, link your analysis in (a) to return on assets through the effects on profit margin and total asset turnover.