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A summary of selected historical results is presented below for three Canadian companies: Gildan Activewear, WestJet Airlines, and Metro Inc. Each of these companies has

A summary of selected historical results is presented below for three Canadian companies: Gildan Activewear, WestJet Airlines, and Metro Inc. Each of these companies has grown in size over time by acquiring assets and investing in other companies. (Amounts are in millions of dollars) Gildan Activewear Total assets Total revenue Net earnings Interest expense, net of tax Operating cash flow WestJet Airlines Total assets Total revenue Net earnings Interest expense, net of tax Operating cash flow Metro Inc. Total assets Total revenue Net earnings Interest expense, net of tax Operating cash flow $4,534.0 $4,093.0 $3,144.0 $2,996.0 $2,990.0 5,459.0 4,460.0 4,284.0 4,048.0 3,826.0 2018 2017 2016 2015 2014 2013 $2,428.0 405.0 33.0 654.0 460.0 7.3 564.0 420.0 9.3 727.0 248.0 340.0 3,411.0 298.0 9.3 520.0 5.3 0.6 464.0 602.0 3,974.0. 3,884.0 5,172.0 4,707.0 468.0 55.0 1,176.01 384.0 54.0 873.01 369.0 41.0 53.0 908.0 1,022.0 249.0 190.0 57.0 61.0 806.0 719.0 314.0 0.0 526.0 319.0 0.0 578.0 4,840.0 658.0 0.6 524.0 1,573.0 4,833.0 330.0 2.0 545.0 1,560.0 4,713.0 283.0 2.0 514.0 $6,829.0 $6,146.0 $4,643.0 $4,247.0 6,529.0 6,099.0 5,438.0 5,527.0 342.0 $3,080.0 $2,844.0 $1,665.0 $1,893.0 5,355.0 5,314.0 4,833.0 537.0 0.0 584.0 Required: 1. Complete the following table by computing the total asset turnover ratio and the return on assets for each company for each of the years 2017 and 2018. (Do not round intermediate calculations. Round percentage answers to 2 decimal place (i.e., 0.1234 should be entered as 12.34). Round the final answers to 2 decimal places.) Gildan Activewear Total asset turnover ratio Retum on assets (ROA) WestJet Airlines Total asset turnover ratio Return on assets (ROA) Metro Inc. Total asset turnover ratio Return on assets (ROA) 2018 2017 2016 2015 2014 1.40 1.35 1.41 % % 13 98% 8.60% 12 75 % 1.22 134 1.32 % 922 % 961 % 7.79 % 272 279 30 19 % 38 00 % 3.09 21 19 %

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