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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

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 $8,052 $7,250
Net Sales 52,350 36,117
Total Assets 58,734 68,128

If the companys total assets are $55,676 in 2014, calculate the companys:

(a) return on assets (round answers to one decimal place - ex: 10.7%)

(b) asset turnover for 2015 and 2016 (round answers to two decimal places)

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