Shark Tank Ltd. provides the following selected information for the calendar years 2020 and 2019:

2020			2019
	Net revenues	$320,000
	Net income	75,000
	Accounts receivable	33,000	$26,000
	Inventory	61,000	55,000
	Total assets	210,000	176,000
	Total liabilities	84,000	74,000

Required

For 2020, calculate the following ratios to two decimals:

1. Asset turnover ratio

2. Profit margin ratio

3. Rate of return on assets