+ Ch 9: Homework Question 7 Accounting Multistep 2.92/5 Partially correct Question 17 of 17 -/5 E Question 8 Accounting Dropdown 5/5 Correct View Policies Current Attempt in Progress Suppose during 2022 that Federal Express reported the following information (in millions): net sales of $34,850 and net income of $97. Its balance sheet also showed total assets at the beginning of the year of $24,670 and total assets at the end of the year of $23.300. Question 9 Accounting Dropdown 6/6 Correct Calculate the asset turnover and return on assets. (Round asset turnover to 2 decimal places, eg. 6.25 and return on assets to 1 decimal place, eg. 17.5%) Question 10 Accounting Dropdown 3/3 Correct Asset turnover times Question 11 Accounting Dropdown 3/3 Correct Return on assets % Question 12 Accounting Dropdown 3/3 Correct e Textbook and Media Question 13 Accounting Dropdown Attempts: 0 of 5 used Submit Answer 2.77/3 Partially correct Save for Later Question 14 Accounting Dropdown 3/3 Correct Question 15 Accounting Dropdown 3/3 Correct Question 16 Accounting Dropdown 3/3 Correct Viewing Q Lestion 17 -75 Not started Accounting Dropdown