Suncor Energy Inc. reported the following information for the fiscal years ended December 31, 2014, and December 31, 2013 (in millions):

Instructions
(a) Calculate Suncor's asset turnover and return on assets for the two years.
(b) Comment on what the ratios reveal about Suncor Energy Inc.'s effectiveness in using its assets to generate revenues and produce profit.

Transcribed Image Text:

Net revenues Net earnings Total assets, end of year Total assets, beginning of year Dec. 31,2014 $39,862 2,699 79,671 78,315 Dec. 31, 2013 39,593 3,911 78,315 76,401