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Gildan Activewear Inc reported the following selected financial information (all in US. $ millions): sales of $2.909 in 2018, $2,751 in 2017, and $2,585 in
Gildan Activewear Inc reported the following selected financial information (all in US. $ millions): sales of $2.909 in 2018, $2,751 in 2017, and $2,585 in 2016. The company also reported net income of $351 in 2018. $362 in 2017, and 347 in 2016, Assets at the end of 2018 were $3,005, at the end of 2017, 52,981; and at the end of 2016 $2,990, Calculate Gildan's (1) asset turnover, (2) profit margin, and (3) return on assets for 2018 and 2017. (Round answers to 1 decimal place, eg. 5.2) ($ in U.S. millions) 2018 2017 (1) Asset turnover times times (2) Profit margin % (3) Return on assets % %
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