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The following information relates to Nicke Inc. Total Fixed Total Net Assets Assets Revenue Income S millions Fiscal Year 2016 Fiscal Year 2015 $2.112 $12,838

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The following information relates to Nicke Inc. Total Fixed Total Net Assets Assets Revenue Income S millions Fiscal Year 2016 Fiscal Year 2015 $2.112 $12,838 $19,426 $2.256 1,446 10,366 18.361 1.964 Fiscal Year 2014 1,700 11.156 Nicke's fiscal years 2016, 2015, and 2014, end on May 31, 2016, 2015, and 2014, respectively, Required a Compute the asset turnover ratio for fiscal years 2016 and 2015. b. Compute the return on assets ratio for fiscal years 2016 and 2015. c Compute the fixed asset turnover ratio for fiscal years 2016 and 2015. Note: Carry all decimals in calculations; enter final answer rounded to two digits after the decimal (for example, enter 1.42 for 1.424, or 1.43 for 1.425) Ratio 2015 2016 0.7 a Asset turnover 0.2 x D Return on assets Fixed asset turnover 0x NOO xxx 0

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