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Please show work 25. Use the information shown to calculate the following ratios for Allen Ales in 2018: asset turnover, return on total assets, return
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25. Use the information shown to calculate the following ratios for Allen Ales in 2018: asset turnover, return on total assets, return on stockholders' equity, and return on common stockholders' equity. The company paid $2,500 in preferred dividends for the year. Round ratios to one decimal place. Sales Interest expense Net income Long-term investments: $345,900 15,700 275,300 Beginning of year End of year 67,500 68,300 Total assets: Beginning of year End of year 104,750 108,300 Common stockholders' equity: Beginning of year End of year 27,200 28,450 Total stockholders' equity 36,900 39,200 Beginning of year End of yearStep by Step Solution
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