Return on Assets Ratio and Asset Turnover Ratio Campo Systems reported the following financial data (in millions) in its annual report: Year 2 Year 3 Net income $20,130 $15,335 Net sales 158,160 144,468 Total assets 176,202 204,384 If the company's total assets are $167,028 in Year 1, calculate the company's (a) return on assets and (b) asset turnover for Years 2 and 3. Round return on assets to one decimal place. Round asset turnover to two decimal places. (a) Return on assets (b) Asset turnover Check Year 2 Year 3 0% 0% 0.92 0 Previous Save Answers