_{brief exercise}

_{question 5}

Using the following data for Windsor, Inc., compute its asset turnover ratio and the return on assets ratio. Windsor, Inc. Net Income 2022 $125,400 Total Assets 12/31/22 2,265,000 Total Assets 12/31/21 1,915,000 Net Sales 2022 2,152,700 Asset Turnover (Round to 2 decimal places, e.g. 15.35) times Return on Assets (Round to 1 decimal place, e.g. 15.3%)