A company reports net income of $83,400 for the year. At the beginning of the year, it had $595,000 in assets. By the end of the year, assets were $795,000 Required: 1. Compute return on assets for the current year, 2. Did the company perform better or worse than its competitors who reported an 18% return on assets? Complete this question by entering your answers in the tabs below. Compute return on assets for the current year