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The following information is available from the financial statements of Landscape Enhancements Inc.: 2020. 2019. 2018 Total assets, December 31 Profit $321,000 $585,000 $1,426,000
The following information is available from the financial statements of Landscape Enhancements Inc.: 2020. 2019. 2018 Total assets, December 31 Profit $321,000 $585,000 $1,426,000 43,100 50,800 101,800 a. Calculate Landscape Enhancements' return on total assets for 2019 and 2020. (Round the final answers to 1 decimal place.) Return on total assets 2019 2020 b-1. Indicate whether the change in the company's efficiency in using its assets from 2019 to 2020 was favourable or unfavourable O Favourable Unfavourable Check my w
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