2018 2017 2016

net income 81,872 63,276

interest income 2083 3,641

total assets 1,492,906 1,327,338 1,256,397

Total shareholders' equity 1,034,482 926 744 818 856

Assume the appareal industry average rate earned on total assets is 8.2%, and the average rate earned on shareholders' equityis 16.7% for fiscal year 2017.

(a)Determine the rate earned on total assets for Butik Bibi for year 2018 and 2017.

(b)Determine the rate earned on shareholders' equity for for Butik Bibi for year 2018 and 2017.

(c)Evaluate the two year trend for profitability ratios determined in (a) and (b).

Evaluate Butik Bibi profit performance in relate to the industry