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!! Blossom Limited competes in the fast food industry with Pina Limited. Blossom underwent a major expansion in 2021, borrowing a large amount of money

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!! Blossom Limited competes in the fast food industry with Pina Limited. Blossom underwent a major expansion in 2021, borrowing a large amount of money and acquiring a small competitor. The acquisition doubled the number of restaurants that Blossom has Pina. on the other hand, took a more conservative approach and did not buy any new assets, focusing instead on making existing operations more efficient Data for the two companies are prvided below (in thousands of dollars) 2021 2020 2019 Blossom Total assets $1.850 $1.017 5980 Sales 2.985 1.530 1.600 Net income 336 149 140 Pina Total assets 740 BAR 980 Sales 2003 1661 2.000 Net income 11 210 Calculate the (1) profit margin. (2) asset turnover, and (3) return on asset ratios for each company in 2020 and 2021. (Round answers to 1 decimal place, eg. 52% or 5.2.) Blossom 2020 2021 2020 (1) Profit margin % 12 Asset turnover times times 13) Return on assets 95 Attempts of used SubwA to search o - * c 20C

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