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Windsor Inc., a fertilizer company based in Alberta, had the following information on its financial statements for the fiscal years ended December 31. All figures

Windsor 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 $16,142 $15,751 $16,884 $15,350
Profit 745 1,189 1,463 1,440
Total assets 17,492 15,946 14,369 13,140

Calculate Windsor'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

%

%

%

Determine from the results obtained in part (a) if Windsors:

(1) Asset turnover ratio

improvedstayed the samedeteriorated

from 2021 to 2022.
(2) Asset turnover ratio

deterioratedstayed the sameimproved

from 2020 to 2021.
(3) Return on assets ratio

deterioratedimprovedstayed the same

from 2021 to 2022.
(4) Return on assets ratio

improvedstayed the samedeteriorated

from 2020 to 2021.

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