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Chapter 15 Exercises Sved Help Save & Exit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Return to 17 $ millions Net income Net salem Total assets Current Year $ 3,760 32,376 21,396 1 Year prior $ 3,273 30,601 21,597 Current Year $ 257 4,825 3,644 Year prior $ 233 3,963 2,866 ints 1. Compute return on total assets for the current year for (a) Nike and (6) Under Armour. 2. Compute both profit margin and total asset turnover for the current year for (a) Nike and (b) Under Armour 3. Which company more efficiently used its assets in the current year? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute return on total assets for the current year for (a) Nike and (b) Under Armour. (Do not round intermediate calculations, Round your final answers to 1 decimal place.) Return on Total Assets (ROA) (a) Nike 11.6% Under (b) Armour 7.1%