In its 2020 annual report, Buffalo Limited reports beginning-of-the-year total assets of $2,033 million, end-of-the-year total assets of $2,487 million, total revenue of $2,493 million, and net income of $103 million.

Calculate Buffalo's asset turnover ratio. (Round answer to 2 decimal places, e.g. 52.75.)

Asset turnover ratio

enter Asset turnover ratio in times times

Calculate Buffalo's profit margin. (Round answer to 2 decimal places, e.g. 52.75%.)

Profit margin

enter Profit margin in percentages %

Calculate Buffalos rate of return on assets (1) using the asset turnover and profit margin, and (2) using net income. (Round answers to 2 decimal places, e.g. 52.75%.)

		Rate of return on assets
(1) Using the asset turnover and profit margin		enter percentages %
(2) Using net income		enter percentages %