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it's a complete question The following information is available from the financial statements of Landscape Enhancements Inc Total assets, December 31 Profit 2020 2019 2018
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The following information is available from the financial statements of Landscape Enhancements Inc Total assets, December 31 Profit 2020 2019 2018 $356,000 $645,000 $1,431,000 71,400 88,900 128,000 a. Calculate Landscape Enhancements' return on total assets for 2019 and 2020. (Round the final answers to 1 decimal place.) 2019 2020 Return on total assets b-1. Indicate whether the change in the company's efficiency in using its assets from 2019 to 2020 was favourable or unfavourable. O Favourable O Unfavourable b-2. Compare the return on total assets of 2020 with the industry average and indicate whether the efficiency is favourable or unfavourable. Use Exhibit 1711 O Favourable Unfavourable Step by Step Solution
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