Caloulator Print em Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20YS: December 31 20Y7 20Y6 20YS Total assets Notes payable (8% interest) Common stock Preferred 6% stock, $100 par 299,000$269,000 100,000 40,000 20,000 100,000 40,000 20,000 239,000 100,000 40,000 20,000 (no change during year) Retained earnings The 20Y7 net income was $29,760, and the 20Y6 net income was $23,020. No dividends on common stock were declared between 20YS and 20Y7. Preferred dividends were declared and paid in full in 20Y6 and 20Y7 a. Determine the return on total assets, the retun on sockholders equity, and the return on common stockholders equity for the years 2076 and 20Y7, Round percentages to one 110,380 81.820 60,000 decimal place. 20Y7 0YS Return on total assets Return on stockholders equity Return on common stockholders equity b. The profitability ratios indicate that the company's profeability has years, there must be pesitive everage from the use of debt | 10.sjx% L 9.11 x % 19.11 V % 19.71-% mp ved it the ate of return on a sets is less than the return on stockholders' equity i both