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Ch.17 H Solvency and Pruftability Trend Analysis Book Addal Company has provided the following comparative information Net income Interest expense Income tax expense Total

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Ch.17 H Solvency and Pruftability Trend Analysis Book Addal Company has provided the following comparative information Net income Interest expense Income tax expense Total assets (ending balance) Total stockholders' equity (ending balance) Average total assets Average stockholders' equity 2018 2017 2016 2015 2014 $1,368,000 $1,179,300 $991,000 $847,000 5717,800 465,100 424,500 366,700 279,500 222,500 437,760 330,204 277,480 220,220 172,272 9,560,636 10,150,116 7,282,492 7,637,288 5,791,610 1 2,991,578 3,665,356 2,336,170 2,949,164 1,760,498 9,855,376 8,716,304 7,459,890 6,364,407 5,435,2601 3,328,467 3,000,763 2,642,667 2,359,331 2,080,580 You have been askest 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 Return on total assets Return on stockholders' equity Times interest earned Ratio of Sablities to stockholders' equity Required: 2014-2018 18.3% 37.9% 4.6 2.1 1. Determine the following for the years 2014 through 2018. Round to one decimal place: a. Return on total assets 2018 2017 2016 1 X % Nod

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