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Current Attempt in Progress Sandhill Corporation's statement of financial position at December 31, 2024, appears as follows: For the year just ended, Sandhill reported net

image text in transcribedimage text in transcribed Current Attempt in Progress Sandhill Corporation's statement of financial position at December 31, 2024, appears as follows: For the year just ended, Sandhill reported net income of $577,500. During the year, the company declared preferred dividends of $50,254 and common dividends of $348,221. Using year-end amounts for assets and shareholders' equity, calculate the following ratios for Sandhill: (Round answers to 1 decimal place, e.g. 15.2\%) i. Return on assets, using net income in the calculation Return on assets % ii. Dividend payout ratio Dividend payout ratio % iii. Return on common shareholders' equity Return on common shareholders' equity Attempts: 2 of 3 used

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