Question: M13-4 (Algo) Computing the Return on Asset Ratio LO 13-4 Compute the return on asset ratio for Year 2 given the following data: (Enter your

M13-4 (Algo) Computing the Return on Asset Ratio LO 13-4 Compute

M13-4 (Algo) Computing the Return on Asset Ratio LO 13-4 Compute the return on asset ratio for Year 2 given the following data: (Enter your answer as a percentage rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Total asset turnover Net profit margin Year 2 2.10 8.00% Year 1 1.90 6.00% Return on asset ratio %

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