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please show work Profitability Metrics The following selected data were taken from the financial statements of The O'Malley Group Inc. for December 31, 20Y5, 20Y4,
please show work
Profitability Metrics
The following selected data were taken from the financial statements of The O'Malley Group Inc. for December 31, 20Y5, 20Y4, and 20Y3:
December 31 | |||||||
20Y5 | 20Y4 | 20Y3 | |||||
Total assets | $160,000 | $144,000 | $128,000 | ||||
Notes payable (10% interest) | 50,000 | 50,000 | 50,000 | ||||
Common stock | 20,000 | 20,000 | 20,000 | ||||
Preferred $7 stock, $100 par | 10,000 | 10,000 | 10,000 | ||||
Retained earnings | 56,000 | 45,000 | 30,000 | ||||
Net income | 20,840 | 16,760 | 13,408 |
No dividends on common stock were declared between 20Y3 and 20Y5.
a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the years 20Y4 and 20Y5. Round your percentage answers to one decimal place.
20Y5 | 20Y4 | |
Return on total assets | fill in the blank 1 % | fill in the blank 2 % |
Return on stockholders' equity | fill in the blank 3 % | fill in the blank 4 % |
Return on common stockholders' equity | fill in the blank 5 % | fill in the blank 6 % |
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