owned in rom the lidhinc for December , 2017, 2005 December 11 2017 2016 2015 Assets 5224.000 1247 $220.000 otes pastile (8) 90,000 90.000 90.000 como sock 36,000 36.000 36.000 releed, 5100 10,000 18,000 11,000 na change the med 92,135 54,000 The 2017 come is 2,065and the come $1450 en stock werdenden 2011 2017 World ered and poden 2011 2012 Demeter, the retumders and the host for 20 2017. stole petites place | 20 2016 Remonto Redes iemand both the On My W o P H K M Profitability Ratios The following selected data were taken from the financial statements of Vidhill Inc. for December 31, 2017, 2076, and 2015: December 31 2017 2016 20YS Total assets $274,000 $247,000 $220,000 Notes payable (8% interest) 90,000 90,000 90,000 Cormon 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 2047. 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. Round percentages to one decimal place 2017 2016 Return on total assets 9 Return on stockholders' equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has stockholders' equity in both years, there must be the rumon Since the rate of rear on total assets leverage from the use of debt. Previous Nerd Check My Work Emalier Save and ta Submit for Gradine All work saved o c 11 Profitabdity Ratios The following selected data were taken from the financial statements of Vidahill 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 $100 par 18,000 18,000 18,000 (no change during year) Retained earnings 92,135 67,810 54,000 The 2017 net income w $24,305, and the 2016 net income was $14,350. No dividends on common stock were declared between 2015 and 2077. Peferred dividends were declared and paid in full in 2016 and 2017 a. Determine the return on total, the returvon stockholders' equity, and the return on common stockholders' equity for the years 2076 and 2017. Round percentages to one decimal place, 2017 2016 Return on total assets 12.3 9.2 Return on stockholders equity 18.6 11.6 X Return on common stockholders' equity 21 143 b. The profitability ratios indicate that the company's profitability has improved Since the rate of return on total assets less than the rumon stockholders equity in both year, there must be positive leverage from the use of dett Previous Check My Work All work saved Email to Suttet for dig
