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QUESTION 6 Not complete Points out of 1.00 P Flag question Return on Assets Ratio and Asset Turnover Ratio Campo Systems reported the following financial
QUESTION 6 Not complete Points out of 1.00 P Flag question Return on Assets Ratio and Asset Turnover Ratio Campo Systems reported the following financial data (in millions) in its annual report: 2015 2016 Net Income $10,052 $8,134 Net Sales 41,540 38,117 Total Assets 60,734 70,128 If the company's total assets are $57,676 in 2014, calculate the company's (a) return on assets (round to one decimal point) and (b) asset turnover for 2015 and 2016 (round to two decimal points) 2015 2016 a. Return on Assets Ratio 96 b. Asset Turnover Ratio Check
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