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 company?s total assets are $55,676 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).

CLICK HERE TO REVIEW LEARNING OBJECTIVES ' QUESTION 6 Not complete Marked out of 4.00 '7 Flag question Return on Assets Ratio and Asset Turnover Ratio Campo Systems reported the following nancial data (in millions) in its annual report: 201 5 201 6 Net Income $8,052 $7,250 Net Sales 52350 36,117 Total Assets 58,734 68,128 If the company's total assets are $55,676 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). 201 5 201 5 a. Return on Assets Ratio % % b. Asset Turnover Ratio