4-a. Computer Tycoon reported average shareholders' equity of \\( \\$ 63,000 \\) in 2017 and \\( \\$ 49,800 \\) in 2016 . Compute the return on equity ratios for both years. (Round your answers to 1 decimal place.) 4-b. Did the company generate greater returns for shareholders in 2017 than in 2016 ? Yes No Assume the average cost of computer equipment fell 24.5 percent between 2016 and 2017 . Let's see whether these changes are reflected in the income statement of Computer Tycoon Inc. for the year ended December 31, 2017. Required: 1-a. Compute the gross profit percentage for each year. (Round your answers to 1 decimal place.) 2-b. Not available in Connect. 3-a. Computer Tycoon reported average net fixed assets of \\( \\$ 72,000 \\) in 2017 and \\( \\$ 72,000 \\) in 2016 . Compute the fixed asset turnover ratios for both years. (Round your answers to 2 decimal places.) 3-b. Not available in Connect