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Bakely Company reports the following information (in millions) during a recent year: net sales, $10,208.3;...

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Accounting

Bakely Company reports the following information (in millions) during a recent year: net sales, $10,208.3; net earnings, $293.1; total assets, ending, $4,387.9; and total assets, beginning, $4,279.3. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% and 6.2.)

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