Suppose during 2017 that Federal Express reported the following information (in millions): net sales of $34,150 and net income of $83. Its balance sheet also showed total assets at the beginning of the year of $24,530 and total assets at the end of the year of $23,300. Calculate the asset turnover and return on assets. (Round answers to 2 decimal places, e.g. 6.25 or 17.54%.)

Asset turnover			times
Return on assets			%