Use the following financial information to answer the question that follows: Deere Caterpillar Revenue $36 billion $55 billion Net...

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Finance

Use the following financial information to answer the questionthat follows:
Deere Caterpillar
Revenue $36 billion $55 billion
Net Income $3 billion $3.7 billion
Total assets $61 billion $85 billion
Total Debt $52 billion $70 billion
Compare Deere and Caterpillar's asset use efficiency andoperating efficiency. (looking for ratios)

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The asset use efficiency is determined by the asset turnover ratio Asset turnover ratio is the efficiency with which the assets are used to generate sales for the company Formula to calculate Asset turnover ratio Asset See Answer

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Use the following financial information to answer the questionthat follows:Deere CaterpillarRevenue $36 billion $55 billionNet Income $3 billion $3.7 billionTotal assets $61 billion $85 billionTotal Debt $52 billion $70 billionCompare Deere and Caterpillar's asset use efficiency andoperating efficiency. (looking for ratios)