Waldy Consulting Ltd. reported the figures shown below for 2020 and 2019. (Click the icon to view the partial financial reports.) Required 1. Compute the rate of return on total assets (ROA) and rate of return on common shareholders' equity (ROE) for 2020. 2. Do these rates of return suggest strength or weakness? Give your reasons. Calculate the rate of return on total assets. (Round all interim calculations to the nearest whole number. Round your final answers to two decimal places.) Rate of return on total assets % otal as partial financial reports strer ssets. 2020 2019 Income statement: Interest expense $ 6,000 $ 4,500 Net income 3,400 6,000 Balance sheet Total assets $ 115,000 $ 105,000 Preferred shares. $ 1.15, 2,500 2.500 200 shares issued and outstanding Common shareholders' equity Total shareholders' equity 54,000 51.000 56,500 53,500 Print Done