Sheridan Company and Concord Company both manufacture school science equipment. The following financial information is for three years ended December 31 (in thousands):

Sheridan Company	2021	2020	2019
Net sales	$557.0	$524.6	$472.0
Profit	21.7	20.7	19.2
Total assets	698.7	670.7	600.7

Concord Company	2021	2020	2019
Net sales	$1,750.7	$1,586.7	$1,472.8
Profit	96.7	85.7	78.7
Total assets	1,528.7	1,418.7	1,323.7

(a) Calculate the asset turnover and return on assets ratios for both companies for 2020 and 2021. (Round answers to 2 decimal places, e.g. 52.75.)

		Sheridan Company		Concord Company
Asset turnover 2021		: 1		: 1
Asset turnover 2020		: 1		: 1
Return on assets 2021		%		%
Return on assets 2020		%		%