Pharoah Company reports the following information (in millions) during a recent year: net sales, $9,940.5; net earnings, $331.4; total assets, ending, $5,530.0; and total assets, beginning, $5,515.0. (a) Calculate the (1) return on assets, (2) asset turnover, and (3) profit margin. (Round answers to 1 decimal place, e.g. 6.2% and 6.2.) 1. Return on assets 4.8 % 2. Asset turnover 2 times 3. Profit margin 2.4 %