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Enghouse Systems Limited provides enterprise software solutions to its customers. The company reported the following selected financial information (in millions): sales of $467 in 2021,
Enghouse Systems Limited provides enterprise software solutions to its customers. The company reported the following selected financial information (in millions): sales of $467 in 2021, $504 in 2020, and $386 in 2019. The company also reported net income of $93 in 2021, \$99 in 2020, and \$71 in 2019. Assets at the end of 2021 were $675; at the end of 2020 , $764; and at the end of 2019 , $591. (a) Calculate Enghouse's (1) asset turnover, (2) profit margin, and (3) return on assets for 2021 and 2020. (Round answers to 1 decimal place e.g. 15.2.)
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