Exercise 11-24 a-c The 2017 Annual Report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 December 31, 2016 $920.1 Total assets $930.9 197.1 208.6 Total liabilities 515.7 517.4 Net sales 67.2 Net income 80.7 Compute the following ratios for Tootsie Roll for 2017. (a) Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.) times (b) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) olo (c) Profit margin on sales (Round answer to 2 decimal places, e.g. 4.87%.)