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W Ch 9 Homework Assignment Part 2 BNWP Assessment work Assignment Part 2 Question 3 of 5 -/5 E View Policies Current Attempt in Progress
W Ch 9 Homework Assignment Part 2 BNWP Assessment work Assignment Part 2 Question 3 of 5 -/5 E View Policies Current Attempt in Progress Marin Inc., a fertilizer company based in Alberta, had the following information on its financial statements for the fiscal years ended December 31. All figures are in millions of dollars. 2022 2021 2020 2019 Net sales $16,146 $15.769 $16,892 $15.550 Profit 735 1,228 1,463 1,275 Total assets 17,364 15,952 14,375 13,060 Calculate Marin's (1) asset turnover ratio, and (2) return on assets ratio for 2020 through 2022. (Round answers to 2 decimal places, e.g. 52.75.) 2022 2021 2020 Asset turnover ratio times times times Return on assets ratio %6 %
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