Brief Exercise 11-10 In its 2017 annual report, Campbell Soup Company reports beginning-of-the-year total assets of $7,837 million, end-of-the-year total assets of $7,726 million, total sales of $7,890 million, and net income of $887 million.

Compute Campbells asset turnover. (Round answer to 4 decimal places, e.g. 4.8726.)

Asset turnover

enter asset turnover in times rounded to 4 decimal places

times

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Compute Campbells profit margin on sales. (Round answer to 2 decimal places, e.g. 4.87%.)

Profit margin on sales

enter profit margin on sales in percentages rounded to 4 decimal places

%

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Compute Campbells return on assets using (1) asset turnover and profit margin and (2) net income. (Round answers to 2 decimal places, e.g. 4.87%.)

				Return on assets
(1)		Asset turnover and profit margin		enter percentages rounded to 2 decimal places	%
(2)		Net income		enter percentages rounded to 2 decimal places	%