Question: L07 E9-9B. Return on Assets Ratio and Asset Turnover Ratio Allied Systems reported the following financial data (in millions) in its annual report: 2015 2016

L07 E9-9B. Return on Assets Ratio and Asset Turnover Ratio Allied

L07 E9-9B. Return on Assets Ratio and Asset Turnover Ratio Allied Systems reported the following financial data (in millions) in its annual report: 2015 2016 49,540 47,152 If the company's total assets are $65,676 in 2014, calculate the company's (a) return on assets and (b) asset turnover for 2015 and 2016

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