Oriental statements or Vidanul inc. Tor December 31, 2017, 20YO, and 2015 December 31 2017 2016 2015 Total assets $305,000 $275,000 $245,000 Notes payable (8% interest) 100,000 100,000 100,000 Common stock 40,000 40,000 40,000 Preferred 7% stock, $100 par 20,000 20,000 20,000 (no change during year) Retained earnings 120,000 85,000 60,000 The 2017 net income was $36,400, and the 2016 net income was $26,400. No dividends on common stock were declared between 2045 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 years 2016 and 2017. When required, round to one decimal place. 2017 2016 Return on total assets % 96 96 Return on stockholders' equity Return on common stockholders' equity 996 the b. The profitability ratios indicate that the company's profitability has return on stockholders equity in both years, there must be Since the return on assets is leverage from the use of debt