The 2014 Annual Report of Tootsie Roll Industries contains the following information.

(in millions)

December 31, 2014

December 31, 2013

Total assets$910.4

$888.4

Total liabilities219.3

208.1

Net sales539.9

539.6

Net income63.2

60.8

Compute the following ratios for Tootsie Roll for 2014.

(a)Asset turnover(Round answer to 4 decimal places, e.g. 0.8512 times.)enter the asset turnover rounded to 4 decimal places

times(b)Return on assets(Round answer to 2 decimal places, e.g. 4.87%.)enter the return on assets in percentages rounded to 2 decimal places

%(c)Profit margin on sales(Round answer to 3 decimal places, e.g. 4.872%.)enter the profit margin on sales in percentages rounded to 3 decimal places

%