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Question 2 of 6 -/1 View Policies Current Attempt in Progress The 2017 Annual Report of Tootsie Roll Industries contains the following Information December 31,
Question 2 of 6 -/1 View Policies Current Attempt in Progress The 2017 Annual Report of Tootsie Roll Industries contains the following Information December 31, 2017 (in millions) Total assets December 31, 2016 $920.1 $930.9 197.1 208.6 Total liabilities 515.7 517.4 Net sales 80.7 67.2 Net income Compute the following ratios for Tootsie Roll for 2017 (a) times (b) Asset turnover (Round answer to 3 decimal places.c8.0.851 times.) Return on assets (Round answer to 2 decimal places, eg. 4.87%) Profit margin on sales (Round answer to 2 decimal places, eg 4,87%) c) %
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