Question 4 of 4 -75 E View Policies Current Attempt in Progress Crane Company and Pronghorn Company both manufacture school science equipment. The following financial information is for three years ended December 31. (in thousands): 2021 2020 2019 Crane Company Net sales $552.0 $519.1 $167.0 Profit 21.2 20.2 18.7 Total assets 693.2 665.2 5952 Pronghorn Company 2021 2020 2019 Net sales $1.745.2 $1.581.2 $1.4673 Profit 96.2 85.2 78.2 Total assets 1.523.2 1,413.2 1.318.2 (a) Calculate the asset turnover and return on assets ratios for both companies for 2020 and 2021. (Round answers to 2 decimal places es. 5275) Crane Company Pronghorn Company Asset turnover 2021 : 1 Asset turnover 2020 Calculate the asset turnover and return on assets ratios for both companies for 2020 and 2021. (Round answers to 2 decimal places, es. 52.75) Crane Company Pronghorn Company Asset turnover 2021 : 1 1 Asset turnover 2020 :1 Return on assets 2021 % % Return on assets 20 56 96 e Textbook and Media Savetor Attempts: unlimited Submit Answer O EP E de