Question 5 Sunland Company and Marigold Company both manufacture school science equipment. The following financial information is for three years ended December 31 (in thousands): Sunland Company 2017 2016 2015 Net sales $547 $513.6 $462 Profit Total assets 20.7 19.7 18.2 687.7 659.7 589.7 Marigold Company Net sales Profit Total assets (a) 2015 2017 2016 $1,739.7 $1,575.7 $1,461.8 84.7 77.7 95.7 1,517.7 1,407.7 1,312.7 Calculate the asset turnover and return on assets ratios for both companies for 2016 and 2017. (Round answers to 2 decimal places, e.g. 52.75.) Sunland Company Marigold Company Asset turnover 2017 1 : 1 Asset turnover 2016 : 1 : 1 Return on assets 2017 % % Return on assets 2016 % %