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Kieso, Intermediate Accounting, 16e Gradebook ORION DOwnloadable eTextbook ent Exercise 11-24 The 2014 Annual Report of Tootsie Roll Industries contains the following information. December 31,

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Kieso, Intermediate Accounting, 16e Gradebook ORION DOwnloadable eTextbook ent Exercise 11-24 The 2014 Annual Report of Tootsie Roll Industries contains the following information. December 31, December 31, (in millions) Total assets Total liabilities Net sales Net income 2014 2013 $910.4 219.3 539.9 63.2 $888.4 208.1 539.6 60.8 Compute the following ratios for Tootsie Roll for 2014 Asset turnover (Round answer to 4 decimal places, e.g. 0.8512 times.) Retum on assets (Round answer to 2 decimal places, e.g. 4.87%.) Profit margin on sales (Round answer to 3 decimal places, e.g. (a) times (b) Pref margin on (c) 4.87290.) Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT /shared/assignment/test/aglist.un?id-esnmt2 156 107#N 1 D 19e gb

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