This clearly indicates that the earnings power of Competition Bikes declined in Year 8. TWS reported slightly better earnings per share in Year 8. There was also a notable decline in return on total assets. This indicates that the profit return from investments per unit of total assets has decreased. TWR had a better ratio of 4.8%, which means a higher return of investment profit for each unit of total assets invested. The profitability return for each unit of capital contributed by shareholders decreased in year 8, as indicated by the return on common equity. TWS shareholders have achieved far better profitability for each unit of capital contributed by shareholders. This profitability ratio indicates that one equity unit of TWR contributes 0.081 as profit attributable to shareholders compared to 0.014 in Competition Bikes. In year 8, Competition Bikes saw a decline in its P/E ratio. However, TWR had a higher P/E ratio. This is good for Competition Bikes shareholders as it takes a shorter time to recover the market value of capital compared to TWR shareholders. In year eight, Competition Bikes saw a negative decline in time interest earned. The high accrued interest of 4.24 for TWR indicates that operating profit can pay interest 4.24 times compared to 1.77 in the competition