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Sales 40.770 60,858 Total Assets (average) 38,124 65,088 Based on the preceding information, compute the following values for each company: (Round asset turnover ratio to

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Sales 40.770 60,858 Total Assets (average) 38,124 65,088 Based on the preceding information, compute the following values for each company: (Round asset turnover ratio to 2 decimal places, es 15.25 and return on assets to 1 decimal place, es. 15.2%) Wildhorse Blossom 1. Asset turnover ratio times times 2. Return on assets % LUCILLCFIVE -/1 The following information is available from the annual reports of Wildhorse Company and Blossom Company. (Amounts in millions) Wildhorse Blossom Net Income $1.728 $2,286 Sales 40.770 60.858 Total Assets (average) 38,124 65,088 Based on the preceding information, compute the following values for each company: (Round asset turnover ratio to 2 decimal places, es. 15.25 and return on assets to 1 decimal place, e.g. 15.2%) Wildhorse Blossom 1. Asset turnover ratio times times

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