What would explain the two ratio results

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Return on Assets and Asset Turnover Last year, the Miller Company reported a return on assets of 15 percent and an asset turnover of 1.6. In the current year, the company reported a return on assets of 19 percent but an asset turnover of only 1.2. Get the instant assignment help. If sales revenue remained unchanged from last year to the current year, what would explain the two ratio results?

Reference no: EM133911220

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