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Using the following data for Concord Corporation, compute its asset turnover ratio and the return...

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Accounting

Using the following data for Concord Corporation, compute its asset turnover ratio and the return on assets ratio.
Concord Corporation
Net Income 2022
Total Assets 12/31/222,265,000
Total Assets 12/31/211,901,000
Net Sales 2022
Asset Turnover (Round to 2 decimal places, e.g.15.35)
times
Return on Assets (Round to 1 decimal place, e.g.15.3%)
%
image

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