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Send to Gradebook Question 7 View Policies Current Attempt in Progress Suppose during 2022 that Federal Express reported the following information (in millions): net sales

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Send to Gradebook Question 7 View Policies Current Attempt in Progress Suppose during 2022 that Federal Express reported the following information (in millions): net sales of $34,200 and net income of $84. Its balance sheet also showed total assets at the beginning of the year of $24,540 and total assets at the end of the year of $23,300. Calculate the asset turnover and return on assets. (Round asset turnover to 2 decimal places, .s. 6.25 and return on assets to 1 decimal place, 2.3. 17.5%) Asset turnover times Return on assets eTextbook and Media Attempts: 0 of 15 used Save for Later Submit Answer Seodorando

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