olnts: O OT 6 sa BOOM Corporation's 2021 financial statements reported the following items, with 2020 figures given for comparison (adapted and in B (Click the icon to view the financial statements.) Compute BOOM's retum on assets and retum on common equity for 2021. Evaluate the rates of return as strong or weak. What addit Financial statements Compute BOOM's return on assets and retum on common equity for 2021. Start by calculating the rate of return on assets (ROA). Select the formula needed, and then enter the amounts to compute ROA for 2 amounts in the formula to the nearest whole million. Round the final answer to one decimal place, X.X%.) 2021 2020 Balance sheet + \ 10,620 Total assets ROA = 9,511 + Total liabilities % 7,416 6.641 2,870 Total shareholders' equity (all common) 3,204 Total liabilities and shareholders' equity 10,620 9.511 Income statement Revenues and other income 7,634 Operating expense 7,291 Interest expense 34 Other expense 193 Net income 116 Calculator Print Print Done To compute the book value per common share, begin by computing the company's common equity. Complete the following table: (Use parentheses or a minus sign to indicate a deduction.) Less Data Note 9 Common equity $ 3,351,000 Contributed capital Share capital (Note 9) Contributed surplus Retained earnings Accumulated other comprehensive income 14,000 1,542,000 17,000 Notes to the Financial Statements 1. .... 9. Share capital Preferred shares, $0.80 cumulative 37,000 shares authorized and outstanding $ 851,000 Common shares, 80 000 shares authorized, 2,500,000 40,000 outstanding Total share capital $ 3,351,000 Total shareholders' equity $ 4,924 000 Print Done Print Done Calculator Print LI Type here to search D