## Question

# The 2025 Annual Report of Splish International contains the following informatio (in millions) June 29, 2025 June 27, 2024 Total assets $1,545 $1,502 Total

## The 2025 Annual Report of Splish International contains the following informatio (in millions) June 29, 2025 June 27, 2024 Total assets $1,545 $1,502 Total liabilities 989 1,060 Net sales 2,800 2.971 Net income 152 134 Compute the following ratios for Splish International for 2025: (a) Asset turnover ratio. (Round answer to 3 decimal places, e.g. 0.851 times.) (b) Rate of return on assets. (Round answer to 2 decimal places, e.g. 4.87.) (c) Profit margin on sales. (Round answer to 2 decimal places, e.g. 4.87.)

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