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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: December 31 25

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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: December 31 25 207 206 Total assets $264,000 $238,000 $212,000 Notes payable (8 % interest ) 90,000 90,000 90,000 36,000 Common stock 36,000 36,000 Preferred 4% stock, $100 par 18,000 18,000 18,000 (no change during year) Retained earnings 54,000 94,450 69,030

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