CES Exercise 11-24 The 2014 Annual Report of Tootsie Roll Industries contains the following information. (in millions) Total assets Total liabilities Net sales Net income December 31, 2014 $910.4 219.3 539.9 63.2 December 31, 2013 $888.4 208.1 539.6 60.8 Compute the following ratios for Tootsie Roll for 2014. (a) Study (b) (c) Asset turnover (Round answer to 4 decimal places, e.g. 0.8512 times.) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) Profit margin on sales (Round answer to 3 decimal places, e.g. 4.872%.) Click if you would like to Show Work for this question: Qen Show Work here to search 0 times % %6 CALCUL Question Attempts: 0 of