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To find Williams' Total Asset Turnover Ratio, you can use the formula:
Total Asset Turnover Ratio = Net Sales / Average Total Assets
However, since the required information (Net Sales) is not given, we can use another approach to calculate the ratio using the given information.
The formula for Return on Assets (ROA) is:
ROA = Net Profit Margin * Total Asset Turnover Ratio
Rearranging the formula, we can solve for the Total Asset Turnover Ratio:
Total Asset Turnover Ratio = ROA / Net Profit Margin
Plugging the given values into the formula:
Total Asset Turnover Ratio = 25% / 10% = 2.5
Therefore, Williams' Total Asset Turnover Ratio is 2.5.