Question: Please help ASAP Computing Asset Ratios The following information relates to Nicke Inc. Total Fixed Total Net Assets Assets Revenue Income $10,560 $64,188 $ 97,128

Please help ASAP

Please help ASAP Computing Asset Ratios The following information relates to Nicke

Computing Asset Ratios The following information relates to Nicke Inc. Total Fixed Total Net Assets Assets Revenue Income $10,560 $64,188 $ 97,128 $11,280 $ millions Fiscal Year 2016 Fiscal Year 2015 Fiscal Year 2014 28,002 200,852 91,803 9,819 8,502 55,782 Nicke's fiscal years 2016, 2015, and 2014, end on May 31, 2016, 2015, and 2014, respectively. Required a. Compute the asset turnover ratio for fiscal years 2016 and 2015. b. Compute the return on assets ratio for fiscal years 2016 and 2015. c. Compute the fixed asset turnover ratio for fiscal years 2016 and 2015. Note: Carry all decimals in calculations; enter final answer rounded to two digits after the decimal (for example, enter 1.42 for 1.424, or 1.43 for 1.425). Ratio 2016 2015 a. Asset turnover 0.73 0.72 b. Return on assets 8.53 x 7.65 x c. Fixed asset turnover 5.04 5.03

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