Wildhorse Company 2017 2016 2015 $550 $516.9 $465 Net sales Profit Total assets 21 20 18.5 691 663 593 Novak Company 2017 2016 2015 $1,743 $1,579 $1,465.1 Net sales Profit Total assets 96 85 78 1,521 1,411 1,316 (a) Calculate the asset turnover and return on assets ratios for both companies for 2016 and 2017. C Wildhorse Company Novak Company Asset turnover 2017 : 1 1 Asset turnover 2016 : 1 : 1 Return on assets 2017 % % Return on assets 2016 % %