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Analyzer x C Ratio of x G Ratio of Lix C Recent Bal x C Search Tex Cengage gament takeAssignment Main.do?invokeretakeAssignmentSessionLocator&inprogress-false Show Me How Calculator

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Analyzer x C Ratio of x G Ratio of Lix C Recent Bal x C Search Tex Cengage gament takeAssignment Main.do?invokeretakeAssignmentSessionLocator&inprogress-false Show Me How Calculator The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 20Y5: December 31 2017 2016 2015 Total assets $312,000 $281,000 $250,000 Notes payable (8% Interest) 100,000 100,000 100,000 Common stock 40,000 40,000 40,000 Preferred 4 stock, $100 par 20,000 20,000 20,000 (no change during year) Retained earnings 118,010 78,405 60,000 The 2017 net income was $40,405, and the 2016 net income was $19,205. No dividends on common stock were declared between 2 Preferred dividends were declared and paid in full in 2016 and 2017. a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the ye 2017. When required, round to one decimal place. 2017 2016 Return on total assets 16.3 10.2 Return on stockholders' equity 25.8 X 15 Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has improved since the return on assets is less than stockholders' equity in both years, there must be positive leverage from the use of debt. My Work

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