Pharoah Limited competes in the fast food industry with Flounder Limited. Pharoah 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 Pharoah has. Flounder, 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 provided below (in thousands of dollars):

			2021		2020		2019
Pharoah
	Total assets		$1,930		$1,168		$920
	Sales		3,053		1,480		1,600
	Net income		378		135		140
Flounder
	Total assets		726		943		920
	Sales		1,973		1,543		2,000
	Net income		198		184		210

(a) Calculate the (1) profit margin, (2) asset turnover, and (3) return on asset ratios for each company in 2020 and 2021

				Pharoah						Flounder
				2020			2021			2020			2021
(1)		Profit margin			%			%			%			%
(2)		Asset turnover			times			times			times			times
(3)		Return on assets			%			%			%			%