companies in the gas and oil business use a lot of property plant and equipment not only is there the significant investment they must make in/

Required
a. Calculate depreciation costs as a percentage of sales for each company.
b. Calculate property, plant, and equipment as a percentage of total assets for each company.
c. Based only on the percentages calculated in Requirements a and b, which company appears to be using its assets most efficiently? Explain your answer.
d. Calculate the return on assets ratio for each company. Based on this ratio, which company appears to be using its assets most efficiently? Explain your answer.
e. Identify some of the problems a financial analyst would encounter in comparing the use of long-term assets at Chesapeake versus Anadarko.