Profitability ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 December 31 December 31 2017 2016 2015 Total assets $284,000 $256,000 $228,000 Notes payable (8% interest) 90,000 90,000 90,000 Common stock 36,000 36,000 36,000 Preferred 4% stock, $100 par (no change during year) 18,000 18,000 18,000 Retained earnings 96,280 70,900 54,000 The 2017 net income was $26,100, and the 2016 net income was $17,620. No dividends on common stock were declared between >20Y5 and 2017. Preferred dividends were declared and paid in full in 2016 and 2017. a. Determine the return on total assets, the return on stockholders' equity, and the retum on common stockholders' equity for the years 2016 and 2017. When required, round your answers to one decimal place. Return on total assets Return on stockholders' equity Return on common stockholders' equity 2017 20Y6 % % % % % % b. The profitability ratios indicate that the company's profitability has of debt. the return on stockholders' equity in both years, there must be! Check My Work 2 more Check My Work uses remaining. . Since the return on assets is leverage from the use Previous Next >