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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: If the company's total
Return on Assets Ratio and Asset Turnover Ratio Campo Systems reported the following financial data (in millions) in its annual report:
If the company's total assets are $66,676 in 2014, calculate the companys (a) return on assets (round to one decimal point) and (b) asset turnover for 2015 and 2016 (round to two decimal points).
2015 -2016 Net Income S9,052 S7,134 Net Sales 49,540 46,117 otal Assets 68,734 78,128Step by Step Solution
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