Profily Ratios The following selected data were taken from the finance statements of a ne for December 31, 2017, 206, 20753 December 31 2017 2016 2015 Total assets $265.000 5239.000 5213,000 Notes payable interest 90,000 99,000 90,000 Common stoc 36.000 36.000 36,000 Preferred 4% stock, S100 por 18.000 18.000 15.000 (no change during year) Retained earrings 97.220 69.140 54,000 The 2017 net income was 520,800, and the 2016 net icon was $15,860 No dividends on common stock were dered lietween 2015 and 2072. Preferredende werded and paid in full in 2016 and 2017 . Determine the return to the stoc cauty, and then commochodesty for the years 2016 and 2007 whered, round to one doomal place 2017 2016 Rem on total assets Return on stockholders' equity Return on common stockholders equity I. The profitability ratios indicate that the company's builty has years, there must be leverage from the use of debt Since the most the return on socialders' equity both Profitaty Ratios The following selected data were taken from the financial statements of Vida Inc. for December 31, 2017, 2076, and 2015 December 31 2017 2016 2015 Total assets $265,000 $239,000 5213,000 Notes payable (856 interest) 90,000 90,000 90,000 Common stock 36,000 36,000 36,000 Preferred 4% stock, S100 par 18,000 18,000 18.000 (no change during year) Retained camings 97,220 69,140 54,000 The 2017 net income was $28,800, and the 2016 net income was $15,860. No dividends on common stock wore declared between 2015 and 2047. Preferred dividends were declared and paid in fut in 2016 and 2017 a. Determine the remonto the return on stockholders equity, and the return on common stockholders equity for the years 2016 and 2077, when required, mund to one decimal place a. Determine the retuin on total assets, the return on stod holders' equity, and the retum on common stochonsequity for the years 2016 and 2017. When required, round to one decimal place 2017 2016 Return on total assets Ratum on stockholders' equity Ratum on common stockholders' equity b. The profitability ratios indicate that the company's profitability has years, there must be leverage from the use of debt. Since the return on assets is the return on stockholders in both