4. Compute the return on assets (ROA) based on your answers to the previous requirements. Assume that the company reported total assets of $186,200 at December 31, 2019. (Round percentage answer to 1 decimal places (ie, 0.124 should be entered as 12.41 Rotum on 3. Prepare the assets section only of a classified statement of financial position as at December 31, 2020. (Enter the final answ thousands of Canadian dollars.) FASHION WORLD INC. Partial Statement of Financial Position As at December 31, 2020 (in thousands of Canadian dollars) Assets Current assets: $ Cash Prepaid expenses Merchandise inventory Accounts receivable Cash 2,000 2.000 10,000 12,000 4,000 Total current assets 30,000 50,000 Furniture and equipment, at cost Total non-current assets Total assets 50,000 80,000 4. Compute the return on assets (ROA) based on your answers to the previous requirements. Assume that the company repo of $186 799 at December 31, 2019. (Round percentage answer to 1 decimal places (.e., 0.124 should be entered as Earning FASHION WORLD INC. Statement of Earnings For the Year Ended December 31, 2020 (in thousands of Canadian dollars) Sales revenue $ Cost of sales 232,250 (158,500) 73,750 Gross profit Operating expenses: Depreciation expense Insurance expense Rent expense Salaries expense Supplies expense Other operating expenses 9,600 750 12,100 30,500 1,100 7.700 Total operating expenses Earnings from operations Interest expense Earnings before income taxes Income tax expense 61,750 12,000 1,750 10,250 3,075 7,175 7.18 $ $ Earnings per share lov