Question: Selected financial statement data for Best Bet Rogers Inc. Strom Inc. SOS Corp and Better Boots Corp. is presented in the following table: ( $

Selected financial statement data for Best Bet Rogers Inc. Strom Inc. SOS Corp and Better Boots Corp. is presented in the following table: ($ millions)Best BetRogersStromSOSBetter BootsSales revenue$26,182.8$73,371.6$9,314.4$5,826.0$83,722.2Cost of sales20,154.057,176.45,959.24,546.866,912.0Interest expense38.4361.890.625.2383.4Net income924.6907.2297.6(191.4)254.4Average receivables649.2988.598.1436.24,307.4Average inventories3,174.94,976.11,169.4588.65,635.2Average PP&E1,451.413,051.82,430.0376.58,046.0Average total assets8,547.625,012.25,286.93,860.746,431.6 REQUIRED a. Compute return on assets (ROA), profit margin (PM), and asset turnover (AT) for each company. Assume a statutory tax rate of 25%. Determine relative importance of ROA, PM and AT for each company. Selected financial statement data for Best Bet Rogers Inc. Strom Inc. SOS Corp and Better Boots Corp. is presented in the following table:
REQUIRED
a. Compute return on assets (ROA), profit margin (PM), and asset turnover (AT) for each company. Assume a statutory tax rate of \(25\%\). Determine relative importance of ROA, PM and AT for each company.
- Note: Round your answers to one decimal place.
Selected financial statement data for Best Bet

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