Sharp Seal Computer Corp., a technology support company providing security for small businesses, reported these summarized figures in millions) (Click the icon to view the income statement.) (Click the icon to view the balance sheet.) 1. Compute these profitability measures for 2020 a. Return on sales. b. Return on assets, interest expense for 2020 was 50.9 million c. Return on common shareholders' equity 2. Are these rates of return strong or weak? 1. a. Return on sales is 0% (Round your answer to one decimal place.) b. Return on assets is 0% (Round your answer to one decimal place.) c. Return on common shareholders equity is %. (Round your answer to one decimal place.) 2. Are these rates of return strong or weak? These rates of return are Balance Sheet Sharp Seal Computer Corp. Balance Sheet December 31, 2020 Assets 2020 2019 Liabilities and Equity 2020 2019 Cash S 3.0||$ 1.8 Total current liabilities 7.2 $ 10.6|$ 8.6 8.3 Short-term investments 1.4 1.5 Long-term liabilities 19.2 15.5 Accounts receivable 0.5 0.4 Total liabilities Inventory 10.0 1.2 8.0 0.6) Other current assets Common shares 6.2 5.2 13.2 Total current assets 16.1 15.9 12.3| Retained earnings 25.2 22.1 21.6 Total equity 18.4 All other assets $ 41.3 $ 33.9 $ 41.3||$ 33.9 Total assets Total liabilities and equity Print Done Income Statement Sharp Seal Computer Corp. Income Statement For the Year Ended December 31, 2020 1 Net sales $ 67.5 Cost of goods sold 44.0 Interest expense 0.9 15.8 All other expenses $ 6.8 Net income Print Done