iPad 00:57 Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment > Open Assignment BACK NEXT CALCULATOR FULL SCREEN PRINTER VERSION ASSIGNMENT RESOURCES Exercise 11-13 Ch 11 HW Blue Spruce Corp. decided to issue common stock and used the $435,000 proceeds to redeem all of its outstanding bonds on January 1, 2017. The following information is available for the company for 2017 and 2016 Exercise 11-1 Level Submission Problem 11-4A (Par Level Submission) Problem 11-8A (Part Level Submission 2017 2016 Net income Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities $ 193,000 $156,000 6,100 829,000 1,545,000 1,267,000 134,000 438,000 6,100 1,288,000 Review Score Review Results by Study Objective 134,000 257,000 Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, e.g. 12.5%.) 2016 2017 Return on common stockholders' equity ratio (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, eg, 12.5%.) 2017 2016 Debt to assets ratio LINK TO TEXT