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a. Return on total assets: Year 5 % Year 4 % Year 3 % Year 2 % Year 1 % b. Return on stockholders' equity:

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a. Return on total assets: Year 5 % Year 4 % Year 3 % Year 2 % Year 1 % b. Return on stockholders' equity: Year 5 % Year 4 % Year 3 % Year 2 % Year 1 % c. Times interest earned: Year 5 Year 4 DOOD Year 3 Year 2 rend Analysis ritelli Company has provided the following comparative information: Year 5 Year 4 Year 3 Year 2 Year 1 Net income $1,345,600 $1,160,000 $974,800 $833,200 $706,100 Interest expense 457,500 417,600 275,000 218,900 360,700 272,944 Income tax expense 430,592 324,800 216,632 169,464 5,572,289 Average total assets 10,073,184 8,912,994 7,631,429 6,518,824 Average stockholders' equity 3,389,421 3,060,686 2,700,277 2,415,072 2,133,233 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remained relatively steady at the following levels for the last five years: Industry Ratlos Return on total assets 17.6 % Return on stockholders' equity 36.5 % Times Interest earned 4.6 Instructions: Calculate three ratios for Year 1 through Year 5. Round to one decimal place. a. Return on total assets

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