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The following information is available from the financial statements of Regae Industries. 2016 2017 2018 Total assets, December $210,000 $292,000 $562,000 Net income 22,200 32,600

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The following information is available from the financial statements of Regae Industries. 2016 2017 2018 Total assets, December $210,000 $292,000 $562,000 Net income 22,200 32,600 43,836 Required: Compute Regae's return on total assets for 2017 and 2018. Return On Total Assets Choose Denominator: Choose Numerator: = = Return On Total Assets Return On Total Assets 2017: 2018

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