Pronghorn Corporation and Monty Corporation, two companies of roughly the same size, are both involv
Pronghorn Corporation and Monty Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe-tracing devices. Each company depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the information shown below. Question 6 –/3 View Policies Pronghorn Corpo ration and Monty Corporation, two companies of roughly the same size, are both involved in the manufacture of shoe-tracing devices. Each com pany depreciates its plant assets using the straight-line approach. An investigation of their financial statements reveals the information shown below. Pronghorn Corp. Monty Corp. $206,460 $219,360 Net income Sales revenue 1,032,300 1,096,800 Total assets (average) 3,330,000 2,347,152 Plant assets (average) 243,000 1,829,000 Intangible assets (goodwill) 459.100 C (a) For each company, calculate these values: (Round answers to 3 decimal places, e.g. 6.250% or 17.540.) Monty Corp Pronghorn Corp. (1) 1 % Return on assets (2) Profit margin % (3) Asset turnover times times

