Reference no: EM132459281

In its 2014 annual report, Campbell Soup Company reports beginning-of-the-year total assets of $8,113 million, end-of-the-year total assets of $8,323 million, total sales of $8,268 million, and net income of $807 million.

Problem 1: Compute Campbell's return on assets using (1) asset turnover and profit margin and (2) net income. (Round answers to 2 decimal places, e.g. 4.87%.)

Return on asset

                                         (1)      Asset turnover and profit margin

                                       %(2)                    Net income