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Suma Corporation's 2021 financial statoments reported the following toms, with 2020 figures given for comparison (adapted and in millons, is the symbol for the Japanese
Suma Corporation's 2021 financial statoments reported the following toms, with 2020 figures given for comparison (adapted and in millons, is the symbol for the Japanese yeny Click the loon to view the financial statements.) Compute Suma's return on assets and retum on common equity for 2021. Evaluate the rates of return as strong or weak. What additional information would be helpful in making this decision? Compute Suma's return on assets and return on common equity for 2021 Start by calculating the role of return on assets (ROA). Select the formula noeded, and then enter the amounts to compute ROA for 2021. (Enter amounts in millions as provided to you in the problem statement. Round amounts in the formula to the nearest whole million. Round the final answer to one decimal place, XX%) ROA 1 Financial Statements 2021 2020 10,620 9,511 7,400 3,220 10,620 16.625 2.886 9,511 Balance sheet Totalt Total abilities Total shareholders' equity (all common) Total Rabies and shareholders' equity Income statement Revenues and other income Operating expense Interest expense Other pense 7,650 7.291 29 192 V 118 Not income Print Done
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