Profitability 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 $258,000 $232,000 $206,000 Notes payable (8% interest) 90,000 90,000 90,000 Common stock 36,000 36,000 36,000 Preferred 7% stock, $100 par 18,000 18,000 18,000 (no change during year) Retained earnings 91,870 67,830 54,000 The 2017 net income was $25,300, and the 2016 net income was $15,090. No dividends on common stock were declared between 2015 and 2017. Preferred dividends were declare a. Determine the return on total assets, the retum on stockholders' equity, and the return on common stockholders' equity for the years 2016 and 2017. Round percentages to one it 2017 2016 Return on total assets Return on stockholders' equity 3.2 X % % 6 Return on common stockholders' equity % % b. The profitability ratios indicate that the company's profitability has i leverage from the use of debt. Since the rate of return on total assets is) the return on stockholde