Question: Question 7 of 7 Question 7 of 7 Policies Current Attempt in Progress Suppose during 2022 that Federal Express reported the following information (in millions):

Question 7 of 7 Policies Current Attempt in Progress Suppose during 2022

Question 7 of 7

Question 7 of 7 Policies Current Attempt in Progress Suppose during 2022 that Federal Express reported the following information (in millions): net sales of $34,450 and net income Of '$89. Its balance sheet also shoveed total assets at the beginning of the year of $24,590 and total assets at the end of the of $23,300. C alculate the asset turnover and return on assets. (Ram-d asset runover to 2 &cirnal places. e.g. 6.25 md return on assets to 1 decimal pln. e.g. 17.5K) Asset turnover Return on assets eTextbook and Media times Attempts: O Of 10 used

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