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Business, 23.06.2020 19:01 staciagirl3880

Suppose during 2022 that Federal Express reported the following information (in millions): net sales of $34,300 and net income of $86. Its balance sheet also showed total assets at the beginning of the year of $24,560 and total assets at the end of the year of $23,300.Calculate the asset turnover and return on assets.

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