1. Starlight Company had the following data taken from its most recent financial statements: Sales Interest expense Net income Total assets Total liabilities Total stockholders' equity $3,200,000 56,000 500,000 4,000,000 2,400,000 1,600,000 Based on these data, calculate Starlight Company's return on total assets. a. 8% , 12.5% 27.8% . None of these choices are correct. 2. Starlight Company had the following data taken from its most recent financial statements: $3,200,000 56,000 500,000 4,000,000 2,400,000 1,600,000 Sales Interest expense Net income Total assets Total liabilities Total stockholders' equity Based on these data, calculate Starlight Company's return on stockholders' equity. a. 2% b. 32.3% c. 62.596 d. None of these choices are correct. d X