Question: please solve it correctly I will thumb you up -/1 Question 8 of 10 View Policies Current Attempt in Progress (ROE, ROA, and gross profit)


please solve it correctly I will thumb you up
-/1 Question 8 of 10 View Policies Current Attempt in Progress (ROE, ROA, and gross profit) The following financial information relates to Smooth Suds Brewery Ltd (amounts in thousands); 2018 2019 2020 Sales $18,400 $24,300 $35,000 Average total assets 23.206 30,808 46,340 14,631 23,914 29,839 Average shareholders equity Net Income Gross profit 672 1.963 3,734 9,200 12,879 18,900 For each year: Calculate the return on equity. (Round answers to 1 decimal place, eg. 15.1%) 2018 2319 2020 % % Return on equity eTextbook and Media Calculate the return on assets. (Round answers to 1 decimal place,cy. 15.1%) -/1 E Question 8 of 10
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