20. Not avarble in connect 3-a. Assume Suncor reported average net fixed assets of $88 billion in 2017 and $78 billion in 2016. Compute the fixed asset turnover ratios for both years. IR your answers to 2 decimal places.) 04 Fixed Asset Turnover 2017 times 2016 times 3-b. Not available in Connect 4-a. Assume Suncor reported average shareholders' equity of $83 billion in 2017 and $74 billion in 2016. Compute the return on equity ratios for both years, your answers to 1 decimal place.) Return on Equity 2017 % 2016 % 4-b. In which year did the company generate greater returns for shareholders? income statement of Suncor Energy Inc. for the year ended December 31, 2017 (amounts in billions) Assume the average price of a litre of gas in 2017 jumped $0.16 (12 percent) from $1.34 in 2010 to $150 in 2017. Let's see whether this change is reflected in the 2017 $ 306 Total Revenues costs of Crude Oil and Products Other Operating conte 2016 $ 256 155 53 186 56 Income before Income Tax Expense Income Tax Expense 64 40 19 26 Net Income 3e $29 Required: 1-a. Compute the gross profit percentage for each year, (Round your answers to 1 decimal place.) Gross Profit 2017 % 2016 % 1-b. Not available in Connect. 2-a. Compute the net profit margin for each year, (Round your answers to 1 decimal place) Net Profit 2017 2016