Balance sheet

Company A
Cash
Accounts receivable
inventory
Total current assets
property, plan, equipment
long term investments
total assets
accounts payable
short term debt
Accrued Liabilities
Total Current Liabilities
Long-term Debt
Total Liabilities
Owner's Equity
Total Liabilities and Owner's Equity
Company B
12- 31-2023 12-31-2022 12- 31-2023
$ 10,000.00 $ 5,000.00
$ 10,000.00 $ 15,000.00
$ 20,000.00 $ 13,000.00
$ 40,000.00 $ 33,000.00
$ 90,000.00 $ 100,000.00
$ 60,000.00 $ 60,000.00
$ 190,000.00 $ 193,000.00
$ 5,000.00 $ 5,000.00
$ 10,000.00 $ 10,000.00
$ 15,000.00 $ 20,000.00
$ 30,000.00 $ 35,000.00
$ 90,000.00 $ 100,000.00
$ 120,000.00 $ 135,000.00
$ 70,000.00 $ 58,000.00
$ 190,000.00 $ 193,000.00
12-31-2022
$ 10,000.00 $ 5,000.00
$ 50,000.00 $ 40,000.00
$ 35,000.00 $ 20,000.00
$ 95,000.00 $ 65,000.00
$ 90,000.00 $ 100,000.00
$ 25,000.00 $ 25,000.00
$ 210,000.00 $ 190,000.00
$ 5,000.00 $ 5,000.00
$ 30,000.00 $ 30,000.00
$ 15,000.00 $ 20,000.00
$ 50,000.00 $ 55,000.00
$ 90,000.00 $ 120,000.00
$ 140,000.00 $ 175,000.00
$ 70,000.00 $ 15,000.00
$ 210,000.00 $ 190,000.00

Income statement
Revenue $ 100,000.00 $ 50,000.00 $ 100,000.00 $ 50,000.00
cost of sales 55000 10000 55000 10000
gross profit $ 45,000.00 $ 40,000.00 $ 45,000.00 $ 40,000.00
operating expenses 30000 30000 30000 30000
net income $ 15,000.00 $ 10,000.00 $ 15,000.00 $ 10,000.00
margin 15 20 15 20

Return of asserts 0.07894736842 0.0518134715 0.0714285714 0.0526315789

Assert turnover ratio 0.52631578947 0.2590673575 0.4761904762 0.2631578947

Based on these calculations, Company A appears to be more efficient than Company B in both
profitability (ROA) and revenue generation (Asset Turnover Ratio).