Return on Assets Ratio and Asset Turnover Ratio Allied Systems reported the following financial data (in millions) in its annual report: Year 2 Year 3 Net income $18,052 $16,134 Net sales 49,540 46,117 Total assets 68,734 78,128 If the company's total assets are $65,676 in Year 1, calculate the company's (a) return on assets and (b) asset turnover for Years 2 and 3. Round return on assets to one decimal place. Round asset turnover to two decimal places. Year 2 Year 3 32 % X 21.97 % x (a) Return on assets (b) Asset turnover 0.74 0.71 X Check