eBook mentSessionlocator&inprogress false Show Me How Profitability Ratios B Calculator The following selected data were taken from the financial statements of Vidh Inc. for December 31, 2017, 2016, and 2005: December 31 2017 2016 Total assets 2015 $182,000 $164,000 Notes payable (8% interest) $146,000 60,000 60,000 60,000 Common stock 24,000 24,000 24,000 Preferred 3% stock, $100 par 12,000 12.000 (no change during year) Retained earnings 49,290 36,000 The 2017 net income was 523.410, the 2015 com $14. 150 vend o r sedared between and paid in full in 2016 and 2017 12,000 72.840 redd e d a. Determine the return on total assets, the rateamed on stockholders to one decimal place and the return on the y for the years 20 2 0 2017 2016 Return on total assets 16.3 Return on stockholders equity 12 X 8.9 X Return on common stockholders' equity proved since the rate return on assets less than ther b. The profitability ratios indicate that Vidahill Inc.'s profitability has years, there must be positive leverage from the use of debt e (Previous Next Check My Work 3 more Check My Work uses remaining