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The 2014 Annual Report of Tootsie Roll Industries contains the following information (in millions) Total assets Total liabilities Net sales Net income December 31, 2014

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The 2014 Annual Report of Tootsie Roll Industries contains the following information (in millions) Total assets Total liabilities Net sales Net income December 31, 2014 December 31, 2013 $910.4 219.3 539.9 63.2 $888.4 208.1 539.6 60.8 Compute the following ratios for Tootsie Roll for 2014 Asset turnover (Round answer to 4 decimal places, e.g. 0.8512 Return on assets (Round answer to 2 decimal places, eg. 4.87%.) 4.872%.) times (a) times (c) Profit margin on sales (Round answer to 3 decimal places, e.g

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