(ROE, ROA, and gross profit) The following financial information relates to Smooth Suds Brewery Ltd. (amounts in thousands): 2020 Sales Average total assets Average shareholdersequity Net income Gross profit 2018 $18,800 22,622 13,342 707 9,400 2019 $26,400 34,392 20,525 1,937 14,520 $39,100 51,167 31,058 3,646 21,896 For each year: Calculate the return on equity. (Round answers to 1 decimal place, e.g. 15.1%.) 2018 2019 2020 % % % Return on equity e Textbook and Media Calculate the return on assets. (Round answers to 1 decimal place, e.g. 15.1%.) 2018 2019 2020 % % % Return on assets e Textbook and Media Calculate the company's gross margin. 2018 2019 2020 % % Gross profit margin % e Textbook and Media