Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($...

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Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions): Surf's Up Selected balance sheet data 2021 2020 Total assets $739 $ 730 Total liabilities 622 524 Total stockholders' equity 117 206 Surf's Up Selected income statement data 2021 Sales revenue $807 Interest expense 16 38 Tax expense Net income 60 Based on these amounts, calculate the following ratios for 2021: (Do not round intermediate calculations. Round all final answers to 1 decimal place. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Return on Assets Ratio Times Interest Earned Ratio 11 II || % Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions): Surf's Up Selected balance sheet data 2021 2020 Total assets $739 $ 730 Total liabilities 622 524 Total stockholders' equity 117 206 Surf's Up Selected income statement data 2021 Sales revenue $807 Interest expense 16 38 Tax expense Net income 60 Based on these amounts, calculate the following ratios for 2021: (Do not round intermediate calculations. Round all final answers to 1 decimal place. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).) Return on Assets Ratio Times Interest Earned Ratio 11 II || %

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