# I'm working on an homework assignment in accounting. Please help. Key comparative figures (\$ millions) for two companies, Alltech and SynergyXT,…

Key comparative figures (\$ millions) for two companies, Alltech and SynergyXT, are presented in the following table.
Key Figures    Alltech    SynergyXT
Liab. + OE       \$11,502    \$48,823
Net income    3,127    9,276
Sales           15,453    44,612

What is the total amount of assets invested in each company?
Total assets = Liabilities + Equity
Alltech: \$11,502 (is this correct?)
SynergyXT: \$48,823 (is this correct?)

What is the return on assets for each company? Alltech’s beginning-year assets equal \$8,101 (in millions) and SynergyXT’s beginning-year assets equal \$36,171 (in millions).
Revenues – Expenses = Net income
Alltech: (\$8,101 + \$11,502)/2 = \$9,801 Average Assets (in millions) (is this correct?)
SynergyXT: (\$36,171 + \$48,823)/2 = \$42,497 Average Assets (in millions) ((is this correct?)?

How much are expenses for each company?
Revenues – Expenses = Net income
Alltech: \$15,453 – Expenses = Net income (this is where i get stuck)
SynergyXT: \$44,612 – Expenses = Net Income (this is where i get stuck?

Is return on assets satisfactory for each company? Assume competitors average an 18 percent return.

What can you conclude about Alltech and SynergyXT from these computations?