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Target Corporation has a subsidiary in Singapore, AMC Ltd., whose functional currency is the Singapore dollar. Assumed translated data for the subsidiary appear below. Date

Target Corporation has a subsidiary in Singapore, AMC Ltd., whose functional currency is the Singapore dollar. Assumed translated data for the subsidiary appear below.

Date or Annual PeriodTotal AssetsOperating IncomeExchange Rate
January 1, 2020$112,000,000--$1.20/S$
2020 Average--$12,000,0001.00/S$
December 31, 202095,000,000--0.80/S$
2021 Average--10,890,0000.70/S$
December 31, 202195,000,000--0.80/S$

Required

Calculate return on assets for 2020 and 2021 using both translated ($) and Singapore dollar data.

Round answers to three decimal places.

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