In its 2014 annual report, Winkler Limited reports beginning-of-the-year total assets of $1,923 million, end of- the-year

Question:

In its 2014 annual report, Winkler Limited reports beginning-of-the-year total assets of $1,923 million, end of- the-year total assets of $2,487 million, total revenue of $2,687 million, and net income of $52 million.
(a) Calculate Winkler's ratio.
(b) Calculate Winkler's profit margin.
(c) Calculate Winkler's rate of return on assets
(1) Using the and profit margin, and
(2) Using net income.
Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.