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The following information is available from the financial statements of Regae Industries. Total assets, December 31 Net income 2016 $220,000 26,200 2017 $ 262,000 28,600

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The following information is available from the financial statements of Regae Industries. Total assets, December 31 Net income 2016 $220,000 26,200 2017 $ 262,000 28,600 2018 $532,000 41,496 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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