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Winner Consulting Lid reported the ligures shown below for 2020 and 2019 Click the icon to view the partial financial reports.) Required Compute the rate
Winner Consulting Lid reported the ligures shown below for 2020 and 2019 Click the icon to view the partial financial reports.) Required Compute the rate of return on total assets (RCA) and rate of retum on common shareholders equity (ROE) for 2020 2 Do these rates of retum suggest strength or weakness? Give your reasons 1 Calculate the rate of return on totales (Round all interim calculations to the nearest whole number, Round your final answers to two decimal places.) Rate of return on total assets % Calculate the rate of return on common shareholders' equity (Round all interim calculations to the nearest whole number Round your final answers to two decimal places Rate of rum on common shareholders' equiry % Do these rates of return suggest strength or weakness? Give your reasons Thesales of return suggest because the return on equity is but the cases meaning that the Enter any number in the edit helds and then come to the next question i partial financial reports - X 2020 2019 Income statement Interest expense $ 6,800 $ 5,300 Net income 5,000 6,800 Balance sheet: Total assets $ 110,000 $ 100,000 Preferred shares. $1.15, 5.500 5,500 200 shares issued and outstanding Common shareholders' equity Total shareholders' equity 62.000 59.000 67.500 64.500 Print Done
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