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Suppose during 2 0 2 5 that Federal Express reported the following information ( in millions ) : net sales of $ 8 5 ,

Suppose during 2025 that Federal Express reported the following information (in millions): net sales of $85,000 and net income of $190. Its balance sheet also showed total assets at the beginning of the year of $28,000 and total assets at the end of the year of $22,000.
Calculate the asset turnover and return on assets.

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