Carla Vista Limited reported the following information (in millions) at December 31,2024 : sales $19,000;...
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Carla Vista Limited reported the following information (in millions) at December 31,2024 : sales $19,000; net income $552; total assets at December 31, 2024, \$6,805; and total assets at December 31, 2023, \$7,163. (a) Calculate the following ratios for the year: (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 5.2% or 5.2.) Return on assets % Asset turnover times Profit margin %
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Carla Vista Limited reported the following information (in millions) at December 31,2024 : sales $19,000; net income $552; total assets at December 31, 2024, \$6,805; and total assets at December 31, 2023, \$7,163. (a) Calculate the following ratios for the year: (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 5.2% or 5.2.) Return on assets % Asset turnover times Profit margin % 