look Show Me How Profitability Ratios The following selected data were taken from the financial statements of Vidhill Inc. for December 31, 2017, 2016, and 2015: December 31 2017 2016 2015 Total assets $274,000 $247,000 $220,000 Notes payable (8% interest) 90,000 90,000 90,000 Common stock 36,000 36,000 36,000 Preferred 3% stock, 5100 par 18,000 18,000 18,000 (no change during year) Retained earnings 92,135 67,810 54,000 The 2017 net income was $24,865, and the 2016 net income was $14,350. No dividends on common stock were declared between 2015 and 20 declared and paid in fun in 2016 and 2017 a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the years 2016 decimal place 2017 2016 Return on total sets Return on stockholders' equity Return on common stockholders' equity b. The profitability ratos indicate that the company's profitability has stockholders' equity in both years, there must be Since the rate of total verge from the use of debt. Oreck My Work A worked El instructor Sowe 411 O 3 by Email CengageNOW 2 Nothing About Us Block Show Me How Profitability Ratios The following selected dat were taken from the financial statements of Vidshill Inc. for December 31, 2017, 2016, 2015 December 31 2017 2016 2015 Total assets $274,000 $247,000 $220,000 Notes payable (8% interest) 90,000 90,000 90,000 Common stock 36,000 36,000 36,000 Preferred 3% stock, $100 par 18,000 18,000 18,000 (no change during year) Retained earnings 92,135 67,810 54,000 The 2017 net income was $24,865, and the 2016 net income was $14,350. No dividends on common stock were declared between 2015 and 2017. Preferred dividends were declared and paid in full in 2016 and 2017 a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the year 2016 and 2017. Round percentages to decimal place 2017 2016 % Return on total assets % Return on stockholders' equity 9 Return on common stockholders' equity Since the rate of return on total the return b. The profitability ratios indicate that the company's profitability has stockholders' equity in both years, there must be leverage from the use of debt Previous Next Cuck My Work Email instructor Save and Sent for Grading All work saved 22 O