On 31 December 20X2, the balances of Argon Enterprises Inc.'s shareholders' equity accounts were as follows (all are credit balances): Capital stock Contributed surplus Retained earnings Currency translation differences Mark-to-market adjustments on available for sale investments Cash flow hedges Actuarial gains and losses $291,000 5,280 106,600 1,300 24,900 1,800 1,300 $432,180 Argon's statement of comprehensive income for the year ending 31 December 20x3 showed the following amounts, from net profit for the year through comprehensive income: 31 December 20x3 31 December 20X2 $56,300 $ 43,600 Net profit for the year Other comprehensive income (loss) net of applicable income tax: Currency translation differences Mark-to-market adjustments on available for sale investments Actuarial gains (losses) Cash flow hedges (4,200) (34,300) 2,100 (700) 2,200 6,200 (5,100) (130) Mark-to-market adjustments on available for sale investments Actuarial gains (losses) Cash flow hedges Total other comprehensive loss for the year Comprehensive income for the year (34,300) 2,100 (700) (37,100) $ 6,500 6,200 (5,100) (130) 3,170 $59,470 Assume that the assets of Argon Enterprises Inc. totalled $1,791,000 at the end of 20X1, $1,582,800 at year-end 20X2, and $1,917,600 at year-end 20X3. Required: 1. Assume you are analyst for a private equity firm. Determine the following for each of 20x2 and 20X3: (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) 20X2 20X3 % % a. Return on assets b. Return on total shareholders' equity c. Return on invested capital % % % % On 31 December 20X2, the balances of Argon Enterprises Inc.'s shareholders' equity accounts were as follows (all are credit balances): Capital stock Contributed surplus Retained earnings Currency translation differences Mark-to-market adjustments on available for sale investments Cash flow hedges Actuarial gains and losses $291,000 5,280 106,600 1,300 24,900 1,800 1,300 $432,180 Argon's statement of comprehensive income for the year ending 31 December 20x3 showed the following amounts, from net profit for the year through comprehensive income: 31 December 20x3 31 December 20X2 $56,300 $ 43,600 Net profit for the year Other comprehensive income (loss) net of applicable income tax: Currency translation differences Mark-to-market adjustments on available for sale investments Actuarial gains (losses) Cash flow hedges (4,200) (34,300) 2,100 (700) 2,200 6,200 (5,100) (130) Mark-to-market adjustments on available for sale investments Actuarial gains (losses) Cash flow hedges Total other comprehensive loss for the year Comprehensive income for the year (34,300) 2,100 (700) (37,100) $ 6,500 6,200 (5,100) (130) 3,170 $59,470 Assume that the assets of Argon Enterprises Inc. totalled $1,791,000 at the end of 20X1, $1,582,800 at year-end 20X2, and $1,917,600 at year-end 20X3. Required: 1. Assume you are analyst for a private equity firm. Determine the following for each of 20x2 and 20X3: (Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) 20X2 20X3 % % a. Return on assets b. Return on total shareholders' equity c. Return on invested capital % % % %