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Addai Company has provided the following comparative information: 2018 2017 2046 2015 2044 $708,800 219,700 170,112 5,061,420 1,545,074 Net income $1,350,800 $1,164,500 $978,600 $836,400 Interest

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Addai Company has provided the following comparative information: 2018 2017 2046 2015 2044 $708,800 219,700 170,112 5,061,420 1,545,074 Net income $1,350,800 $1,164,500 $978,600 $836,400 Interest expense 459,300 419,200 362,100 276,000 Income tax expense 432,256 326,060 274,008 217,464 Total assets (ending balance) 8,425,682 8,895,850 6,405,600 6,674,400 Total stockholders' equity (ending balance) 2,668,298 3,230,392 2,062,790 2,575,124 Average total assets 8,660,766 7,650,725 6,540,000 5,562,000 Average stockholders' equity 2,949,345 2,646,591 2,318,957 2,060,099 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: 2014-2088 4,737,245 1,808,163 20.6% 42.6% Return on total assets Return on stockholders' equity Times interest earned Ratio of liabilities to stockholders' equity 4.6 2.1 1. Determine the following for the years 2014 through 20Y8. a. Return on total assets: 20Y8 % 2017 % 2016 % 2015 % 2014 % b. Return on stockholders' equity: 20Y8 % 2017 % 2016 % 2015 % 2014 % C. Times interest earned: 20Y8 2017 2016 III) 2015 2014 d. Ratio of liabilities to stockholders' equity: 2048 2017 2046 2015 III 2014

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