Calculate the return on total assets for 2020 and evaluate the result against the industry average in Exhibit 17.11, explaining why it compares favourably or unfavourably (round to two decimal places).

Exhibit 17.11

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Current ratio Quick ratio.. Accounts receivable turnover Days' sales uncollected. Inventory turnover. Days' sales in inventory. Total asset turnover Accounts payable turnover Debt ratio Equity ratio.. Pledged assets to secured liabilities. Times interest earned. Profit margin. Gross profit ratio. Return on total assets. Return on common shareholders' equity.. Book value per common share. Book value per preferred share. Earnings per share. Price-earnings per share. Dividend yield . 50 times 14% 18% 20% 32.7% $8.63 1.6:1 1.1:1 16 times 21 days 5 times 70 days 2.3 times $15.00 $1.79 18.2 $0.35 4 times 35% 65% 1.4:1