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Problem 9-11A Andruski Company and Brar Company both manufacture school science equipment. The following financial information is for three years ended December 31 (in thousands):

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Problem 9-11A Andruski Company and Brar Company both manufacture school science equipment. The following financial information is for three years ended December 31 (in thousands): Andruski Company 2014 2013 2012 Net sales $552 $519.1 $467 Profit 21.2 20.2 18.7 Total assets 693.2 665.2 595.2 Brar Company 2014 2013 2012 Net sales $1,745.2 $1,581.2 $1,467.3 Profit 96.2 85.2 78.2 Total assets 1,523.2 1,413.2 1,318.2 (a) Calculate the asset turnover and return on assets ratios for both companies for 2013 and 2014. (Round answers to 2 decimal places, e.g. 52.75.) Andruski Company Brar Company Asset turnover 2014 1 1 Asset turnover 2013 1 196 Return on assets 2014 196 96 Return on assets 2013 196

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