In $20202020,$ AmiciAmici, Inc., reported $ $400$$$400$ million in sales, $ $22$$$22$ million in net income, $$1\mathrm{.}11\mathrm{.}1$ million in interest expense, and average total assets of $ $190$$$190$ million. What is Amici'sAmici's return on assets in $20202020?$ Assume an industry average of $17\mathrm{.}517\mathrm{.}5\%.$ How does the company's return on assets compare to the industry average? What could be some reasons for the change?Question content area bottomPart $1$Identify the formula to calculate return on assets $($ROA$).$ Then fill in the amounts and calculate Amici'sAmici's return on assets in $20202020.($Enter amounts in millions. Round your answer to one decimal place, X$.$X$\%.)($Net income$+$Net income$)/$Average total assets$=$Return on assets $($ROA$)(22000000+222000000)/190000000=11\mathrm{.}6\%$