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Skysong Inc., a fertilizer company based in Calgary, had the following information on its financial statements for the fiscal years ending December 31. All figures
Skysong Inc., a fertilizer company based in Calgary, had the following information on its financial statements for the fiscal years ending December 31. All figures are in millions of US dollars 2014 2013 2012 2011 Net sales Net earnings Total assets $16,196$15,753 $16,958$15,540 $1,290 $17,388$15,943 $14,366$13,310 $785 $1,315 $1,493 (a) Your answer is incorrect. Try again Calculate Skysong's (1) asset turnover ratio, and (2) return on assets ratio for each year. (Round answers to 2 decimal places, e.g. 52.75.) 2014 2013 2012 Asset turnover ratio 0.93 times 0.98 times 1.18 times Return on assets ratio 0.04 % 0.0811% 0. %
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