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The following table contains financial statement information for Izzy Corporation. 2016 Total Assets -$105,000 Net Income- $10,000 Sales - $95,000 Equity- $30,000 2017 Total Assets-
The following table contains financial statement information for Izzy Corporation. 2016 Total Assets -$105,000 Net Income- $10,000 Sales - $95,000 Equity- $30,000 2017 Total Assets- $125,000 Net Income- $11,000 Sales- $100,000 Equity- $31,000 Compute the return on equity (ROE) and Return on Assets(ROA) for 2017
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