The 2025 Annual Report of Windsor International contains the following information:(in millions)Total assetsTotal liabilitiesNet salesNet income(a)(b)June 29, 2025$1,3991,1062,961Compute the following ratios for Windsor International for 2025:(c)132June 27, 2024$1,4871,1082,941140Asset turnover ratio. (Round answer to 3 decimal places, e.g. 0.851 times.)Rate of return on assets. (Round answer to 2 decimal places, e.g. 4.87.)Profit margin on sales. (Round answer to 2 decimal places, e.g. 4.87.)times%%

Lets understand the basics.Asset turnover ratio is a type of ratio that shows the total sales of a…

(in millions) Total assets Total liabilities Net sales Net income Report or VVI (b) June 29, 2025 $1,399 1,106 2,961 (c) 132 June 27, 2024 $1,487 1,108 2,941 Compute the following ratios for Windsor International for 2025: 140 (a) Asset turnover ratio. (Round answer to 3 decimal places, e.g. 0.851 times.) Rate of return on assets. (Round answer to 2 decimal places, e.g. 4.87.) Profit margin on sales. (Round answer to 2 decimal places, e.g. 4.87.) times % %

(in millions) Total assets Total liabilities Net sales Net income Report or VVI (b) June 29, 2025 $1,399 1,106 2,961 (c) 132 June 27, 2024 $1,487 1,108 2,941 Compute the following ratios for Windsor International for 2025: 140 (a) Asset turnover ratio. (Round answer to 3 decimal places, e.g. 0.851 times.) Rate of return on assets. (Round answer to 2 decimal places, e.g. 4.87.) Profit margin on sales. (Round answer to 2 decimal places, e.g. 4.87.) times % %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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