Question: Alled Construction and Axis Construction reported the following information in their annual financial statements ($ in millions): Allied Construction Sales Net Income Total assets 2021

Alled Construction and Axis Construction reported the following information in their annual financial statements ($ in millions): Allied Construction Sales Net Income Total assets 2021 2020 551,000 $42,900 3,400 3,400 31.000 22,000 Axis Construction Sales Het income Total assets 2021 2020 391,000 $73,000 3,500 4,100 50.000 60.000 Required: 1. Calculate Allied Construction's return on assets, profit margin, and asset tumover ratio for 2021 (Do not round your intermediate calculations, Round your answers to 2 decimal places) Assemover Times 2. Calculate Axis Construction's return on assets, profit margin, and asset turnover ratio for 2021. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Return on assets Profit margin Asset turnover times 3-a: Which company has the better profit margin? Axis Allied 3-b. Which company has the better asset turnover? Allied As
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