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Computing Asset Ratios The following information relates to Mazy's Inc. $ millions Total Assets Revenue Net Income Fiscal Year 2015 $37,037 $48,742 $1,926 Fiscal Year
Computing Asset Ratios The following information relates to Mazy's Inc. $ millions Total Assets Revenue Net Income Fiscal Year 2015 $37,037 $48,742 $1,926 Fiscal Year 2014 40,527 Mazy's fiscal years for 2015 and 2014 end on January 30, 2016, and January 31, 2015, respectively. Note: Do not round until your final answer. Round your final answer to two decimal places. a. Compute the asset turnover ratio for fiscal year 2015. b. Compute the return on assets ratio for fiscal year 2015. 0 0
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