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Suppose during 2017 that Federal Express reported the following information (in millions), net sales of...

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Accounting

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Suppose during 2017 that Federal Express reported the following information (in millions), net sales of $34.950 and net income $99. Its balance sheet also showed total assets at the beginning of the year of $24,690 and total assets at the end of the year of $23,300 Calculate the asset turnover and return on assets. {Round answers to 2 decimal places, es 6.25 or 17.54%) Asset turnover times Return on assets e Textbook and Media Save for later Attempts: 0 of 3 used Submit Atwer catch o

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