The 2011 Annual Report of Tootsie Roll Industries contains the following information.

(in millions)

December 31, 2011

December 31, 2010

Total assets $857.9 $858.0
Total liabilities 191.9 190.6
Net sales 528.4 517.1
Net income 43.9 53.0

Compute the following ratios for Tootsie Roll for 2011.

(a)Asset turnover ratio (Round answer to 4 decimal places, e. g. 0.8512 times.)
The 2011 Annual Report of Tootsie Roll Industries times.

(b)Return on assets (Round answer to 2 decimal places, e. g. 4.87%.)
The 2011 Annual Report of Tootsie Roll Industries %

(c)Profit margin on sales (Round answer to 2 decimal places, e. g. 4.87%.)
The 2011 Annual Report of Tootsie Roll Industries

(a) asset turnover in 2011

= 62%.

In 2010 = 61%

(b) Return on assets in 2011

= 6%

In 2010 = 7%

(c) Profit margin on sales in 2011

= 9%

In 2010 = 11%

Explanation: (a) asset turnover in 2011 is calculated using the formula,

Asset turnover = net sale/average total asset. Where net sales in 2011 is 528.4 and average total asset is 857.9, therefore

528.4/857.9 = 62%

Repeating thesame procedure for 2010=517.1/858.0 = 61%

(b) Return on assets is calculated using this formula.

Return=net income/average total asset. Where in 2011, net income is 43.9, and total asset is 857.9

Therefore in 2011 return on asset

= 43.9/857.9 = 6%

Repeating thesame procedure for 2010 values we get

53.0/858.0 = 7%

(c) Profit margin on sales in 2011 is calculated by using net income/net sales, where net information 2011 is 43.9 and net sales is 528.4, therefore

Profit margin =43.9/528.4 = 9%

Repeating same procedure for 2010 values we have that

In 2010 profit margin on sales =53.0/517.10 = 11%

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

i think you have to let the moderators that you want your old account to be activated.