Question: Chapter 6 Exercises/Problems Saved Help Save & Exit Submit Check my work 6 0.85 points Heatwave Gaming develops, markets, and publishes electronic games. ZipTrain
Chapter 6 Exercises/Problems Saved Help Save & Exit Submit Check my work 6 0.85 points Heatwave Gaming develops, markets, and publishes electronic games. ZipTrain is one of the largest railway networks in the nation, with over 27,000 miles of railroads. The following data were taken from each of the companies December 31, 2017, annual reports. Revealing which data relate to which company was intentionally omitted. The dollar amounts are in millions. Sales Company 1 $ 7,810 Company 2 $1,903,600 Depreciation costs 850 Sipped Net earnings Current assets Total assets 309 2,914 57,350 97,979 1,282,386 Property, plant, and equipment 19,975 25,237 339,014 2,535,696 eBook Print References Required a. Calculate depreciation costs as a percentage of sales for each company (Round your percentage answers to 2 decimal places (ie., 0.0123 is entered as 1.23%).) b. Calculate property, plant, and equipment as a percentage of total assets for each company (Round your percentage answers to 2 decimal places (ie., 0.0123 is entered as 1.23%).) c. Based on the information now available to you, which company is Ziptrain? d. Which company appears to be using its assets most efficiently? Mc
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