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45. FINANCIAL RATIOS DuBois Furniture, Inc., reported these figures for 20x7 and 20x6: Income statement: 20x7 20x6 12,000,000 18,700,000 Net income Balance sheet: Preferred stock,

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45. FINANCIAL RATIOS DuBois Furniture, Inc., reported these figures for 20x7 and 20x6: Income statement: 20x7 20x6 12,000,000 18,700,000 Net income Balance sheet: Preferred stock, $1.30, no-par, 100,000 shares issued and outstanding Common stockholders' equity Total stockholders' equity .. 2,500,000 2,500,000 Spreadsheet Assignments 81 Compute rate of return on total assets and rate of return on 20x7. common stockholders' equity for Do these rates of return suggest strength or weakness? Give your reason

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