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In: AccountingRecent financial statements for a major public company reportsthe following:Average total assets$2,355,000Average...Recent financial statements for a major public company reportsthe following:Average total assets$2,355,000Average shareholders' equity$1,295,000Net income$211,750Required:Calculate the company’s return on equity and return onassets.If the average ROE = 10.5% and average ROA = 6.5%; discuss thecompany’s ROE and ROA performance relative to its industry’saverage.If the mean 5-year average ROE and ROA for the company are 6.2%and 3.8%; discuss the company’s ROE and ROA performance relative totheir recent average performance.Given your comments above, would you consider investing in thecompany’s common stock, pending further investigation of otherrelevant issues? Please explain your answer.