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For 2022, Metlock Company reported beginning total assets of $233,000 and ending total assets of $567,000. Its net income for this period was $82,000, and
For 2022, Metlock Company reported beginning total assets of $233,000 and ending total assets of $567,000. Its net income for this period was $82,000, and its net sales were $512,000. Compute the company's asset turnover and return on assets for 2022. (Round answers to 2 decimal places, e.g. 52.75.) Asset turnover 1.28 times Return on assets | %
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