Question: Using the following data for Metlock, Inc., compute its asset turnover and the return on assets ratio. table [ [ , , ] ,

 Using the following data for Metlock, Inc., compute its asset turnover

Using the following data for Metlock, Inc., compute its asset turnover and the return on assets ratio.
\table[[,,],[\table[[Metlock, Inc.],[Net Income 2026]],],[Total Assets 12/31/26,2,242,000,],[Total Assets 12/31/25,1,882,000,],[Net Sales 2026,2,144,480,],[Asset turnover (Round to 2 decimal places, e.g.15.35),times],[Return on assets (Round,1 decimal place, e.g.15.3%),%
and the return on assets ratio. \table[[,,],[\table[[Metlock, Inc.],[Net Income 2026]],],[Total Assets 12/31/26,2,242,000,],[Total

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