eBook Problem-Solving Strategy Solvency and Profitablility Trend Analysis Itzkoff Company has provided the following comparative information 2014 2013 2012 2011 2010 Net income 971,200 $837,200 $703,500 $601,300 $509,600 330,200 301,400 260,300 198,400 158,000 310,784 234,416 196,980 156,338 122,304 Interest expense Income tax expense Total assets (ending balance) Total stockholders' equity (ending balance) 1,785,879 2,146,105 1,371,543 1,700,509 1,020,305 Average total assets Average stockholders' equity You have been asked to evaluate the historical performance of the company over the last five years Selected industry ratios have remained relatively steady at the folowing levels for the last five years 5,587,119 5,878,961 4,241,927 4,402,019 3,338,198 5,733,040 5,060,444 4,321,973 3,668,349 3,119,626 1,965,992 1,758,824 1,536,026 1,360,407 1,190,654 2010-2014 Rate earned on total assets Rate earned on stockholders equity Number of times interest charges are earned Ratio of liablities to stockhoiders' equity 22.4% 46.2% 4.6 2.1 Determine the following for the years 2010 through 2014. Round to one decimal place a Rate carned on total assets 2014 2013 2012 2011 2010