Exercise 234 The following information is available from the annual reports of Reser Company and Trent Company (Amounts in millions) Net Income Sales Total Assets (average) Reser $965 22,653 21,188 Trent $1,271 33,812 36,167 (a) Based on the preceding information, compute the following values for each company: (Round asset turnover ratio to 2 decimal places, e.g. 15.25 and return on assets to 1 decimal places, e.g. 15.2%.) Reser Trent 1. Asset turnover ratio times times 2. Return on assets