Allied Construction and Axis Construction Reported the Following Information in Their

Allied Construction and Axis Construction reported the following information in their annual financial statements ($ in millions): $$\begin{array} { c r r } \text { Allied Construction } & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \\\text { Sales } & \$ 48,283 & \$ 46,927 \\\text { Net income } & 2,809 & 3,105 \\\text { Total assets } & 30,869 & 27,767\end{array}$$ $$\begin{array} { c r r } \text { Axis Construction } & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 1 } \\\text { Sales } & \$ 77,349 & \$ 90,837 \\\text { Net income } & 4,395 & 5,761 \\\text { Total assets } & 44,324 & 52,263\end{array}$$ Required:
1. Calculate Allied Construction's return on assets, profit margin, and asset turnover ratio for 2012.
2. Calculate Axis Construction's return on assets, profit margin, and asset turnover ratio for 2012.
3. Which company has the better profit margin and which company has the better asset turnover?