Question 5 --/1 View Policies Current Attempt in Progress Suppose during 2017 that Federal Express reported the following information in millions): net sales of $32,000 and net income of $80. Its balance sheet also showed total assets at the beginning of the year of $24.000 and total assets at the end of the year of $16,000. Calculate the asset turnover and return on assets. (Round answers to 2 decimal places, e.g. 6.25 or 17.54%.) Asset turnover times Return on assets eTextbook and Media Save for Later Attempts: unlimited Submit