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Using the following data for Splish Brothers Inc., compute its asset turnover ratio and the return on assets ratio. Splish Brothers Inc. Net Income 2022

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Using the following data for Splish Brothers Inc., compute its asset turnover ratio and the return on assets ratio. Splish Brothers Inc. Net Income 2022 $145,635 Total Assets 12/31/22 2,257,000 Total Assets 12/31/21 1,904,000 Net Sales 2022 2,163,720 times Asset Turnover (Round to 2 decimal places, e.g. 15.35) Return on Assets (Round to 1 decimal place, e.g. 15.3%) %

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