Question: Please send back with same tables. Exercise 15-14 Return on total assets LO A1 The following information is available from the financial statements of Regae

 Please send back with same tables. Exercise 15-14 Return on totalassets LO A1 The following information is available from the financial statements

Please send back with same tables.

Exercise 15-14 Return on total assets LO A1 The following information is available from the financial statements of Regae Industries. Total assets, December 31 Net income 2016 $ 150,000 23,200 2017 2017 $262,000 28,600 2018 $502,000 39,156 Required: Compute Regae's return on total assets for 2017 and 2018. Return On Total Assets 1 Choose Denominator: Choose Numerator: = = Return On Total Assets Return On Total Assets 2017: 2018: Average total assets Net income Total assets, December 31 Return On Total Assets 1 Choose Denominator: Choose Numerator: = Return On Total Assets Return On Total Assets 2017: 2018: Average total assets Net income Total assets, December 31

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