Bettancort Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 2016 and 2015
			2016		2015
Retained earnings, January 1			$2,655,000		$2,400,000
Add net income for year			300,000		280,000
Total			$2,955,000		$2,680,000
Deduct dividends:
	On preferred stock		$15,000		$15,000
	On common stock		10,000		10,000
		Total	$25,000		$25,000
Retained earnings, December 31			$2,930,000		$2,655,000

Bettancort Inc.
Comparative Income Statement
For the Years Ended December 31, 2016 and 2015
	2016		2015
Sales (all on account)	$1,212,000		$1,010,000
Sales returns and allowances	12,000		10,000
Sales	$1,200,000		$1,000,000
Cost of goods sold	500,000		475,000
Gross profit	$700,000		$525,000
Selling expenses	$240,000		$200,000
Administrative expenses	180,000		150,000
Total operating expenses	$420,000		$350,000
Income from operations	$280,000		$175,000
Other income	166,000		225,000
	$446,000		$400,000
Other expense (interest)	66,000		60,000
Income before income tax	$380,000		$340,000
Income tax expense	80,000		60,000
Net income	$300,000		$280,000

Bettancort Inc.
Comparative Balance Sheet
December 31, 2016 and 2015
			Dec. 31, 2016		Dec. 31, 2015
Assets
Current assets:
	Cash		$450,000		$400,000
	Marketable securities		300,000		260,000
	Accounts receivable (net)		130,000		110,000
	Inventories		67,000		58,000
	Prepaid expenses		153,000		139,000
		Total current assets	$1,100,000		$967,000
Long-term investments			2,350,000		2,200,000
Property, plant, and equipment (net)			1,320,000		1,188,000
Total assets			$4,770,000		$4,355,000
Liabilities
Current liabilities			$440,000		$400,000
Long-term liabilities:
	Mortgage note payable, 8%, due 2021		$100,000		$0
	Bonds payable, 5%, due 2017		1,000,000		1,000,000
		Total long-term liabilities	$1,100,000		$1,000,000
Total liabilities			$1,540,000		$1,400,000
Stockholders' Equity
Preferred $0.75 stock, $10 par			$200,000		$200,000
Common stock, $10 par			100,000		100,000
Retained earnings			2,930,000		2,655,000
	Total stockholders' equity		$3,230,000		$2,955,000
Total liabilities and stockholders' equity			$4,770,000		$4,355,000

Required:

Determine the following measures for 2016, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirement, if required. Assume 365 days a year.

12. Ratio of sales to assets
13. Rate earned on total assets		%
14. Rate earned on stockholders' equity		%
15. Rate earned on common stockholders' equity		%
		%