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Sandhill Co.reports the following information (in millions) during a recent year: net sales, $12,419.0; net earnings, $225.8; total assets, ending $5,435.0; and total assets, beginning.

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Sandhill Co.reports the following information (in millions) during a recent year: net sales, $12,419.0; net earnings, $225.8; total assets, ending $5,435.0; and total assets, beginning. $5,855.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin (Round answers to 1 decimal place, 23. 6.2% and 62) 1. Return on assets 2. Asset turnover times 3. Profit margin

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