Concord Corporation decided to issue common stock and used the $379,500 proceeds to redeem all of its outstanding bonds on January 1, 2017. The following information is available for the company for 2017 and 2016.

Concord Corporation decided to issue common stock and used the $379,500 proceeds to redeem all of its outstanding bonds on January 1, 2017.The following information is available for the company for 2017 and 2016. 2017 2016 Net income 189,000 143,000 Dividends declared for preferred stockholders 6,800 6,800 1,235,000 715,000 Average common stockholders' equity Total assets 1,489,000 1,291,000 Current liabilities 275,000 275,000 Total liabilities 254,000 576,000 (a) Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, e.g. 12.5%.) 2017 2016 Return on common stockholders' equity ratio T t 14.8 19.0 (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, e.g. 12.5%) 2017 2016 Debt to assets ratio LINK TO TEXT