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Gildan Activewear Inc. reported the following selected financial information (all in U.S. $ millions): net sales of $2,415 in 2015, $2.360 in 2014, and $2,184
Gildan Activewear Inc. reported the following selected financial information (all in U.S. $ millions): net sales of $2,415 in 2015, $2.360 in 2014, and $2,184 in 2013. The company also reported net income of $237 in 2015, $360 in 2014, and $320 in 2013. Assets at the end of 2015 were $2,911; at the end of 2014, $2,593; and at the end of 2013, $2,044. Calculate Gildan's asset turnover, profit margin, and return on assets for 2015 and 2014. (Round answers to 1 decimal place, e.g. 5.2.) ($ in U.S. millions) 2015 2014 Asset turnover times times Profit margin Return on assets
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