Return on Assets Ratio and Asset Turnover Ratio Northern Systems reported the following financial data (in millions) in its annual report: Previous Year Current Year $9,050 $7,500 52,350 37,200 58,734 68,128 Net Income Net Sales Total Assets If the company's total assets are $55,676 at the beginning of the previous year, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.7%) (b) asset turnover for both years (round answers to two decimal places) Previous Year Current Year 0% 0% 0 a. Return on Assets Ratio b. Asset Turnover Ratio Check 0

Return on Assets Ratio and Asset Turnover Ratio Northern Systems reported the following financial data (in millions) in its annual report: If the company's total assets are $55,676 at the beginning of the previous year, calculate the company's: (a) return on assets (round answers to one decimal place - ex: 10.7\%) (b) asset turnover for both years (round answers to two decimal places)