Question 8 View Policies Current Attempt in Progress The 2014 Annual Report of Tootsie Roll Industries contains the following information. December 31 December 31 2014 2013 (in millions) Total assets $910.4 $888.4 Total liabilities 219.3 208.1 Net sales 539,9 539.6 Net income 63.2 60.8 Compute the following ratios for Tootsie Roll for 2014. (a) Asset turnover (Round answer to 4 decimal places, e.s. 0.8512 times) times (b) Return on assets (Round answer to 2 decimal places, eg 4.87 %) % Profit margin on sales (Round answer to 3 decimal places, eg 4.872 %) (c) %