The given applies to both parts:
Randall Company makes & distributes outdoor play equipment. Last year its sales were $12,000,000, nte income was $3,000,000, and the assets used were $15,000,000.
1) Asset turnover, the productivity component of return on investment, is ____
20%, 80%, 25%, or 125%
2) Return on sales, the efficiency component of return on investment, is ______
20%, 80%, 25%, or 125%
please advise of answers & why?