Using the information below to answer the next two questions.

Sales	$	16,800,000
Average Assets		7,000,000
Margin (Sales/Profit)		5%

1. The company's asset turnover ratio is:

Group of answer c

hoices

0.42

14.29

0.07

2.40

2. The company's ROI (Return on Investment) is:

Group of answer choices

16.8%

12.0%

$9,800,000

$3,500