Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 2016, and 20Y5: December 31 20Y7 2016 20Y5 Total assets $306,000 $276,000 $246,000 Notes payable (8% interest) 100,000 100,000 100,000 Common stock 40,000 40,000 40,000 Preferred 7% stock, $100 par 20,000 20,000 20,000 (no change during year) Retained earnings 103,740 77,310 60,000 The 2017 net income was $27,830, and the 2016 net income was $18,710. No dividends on common stock were declared between 2005 and 20Y7. Preferred dividends were declared and paid in full in 2016 and 2017. a. Determine the return on total assets, the rate earned on stockholders' equity, and the return on common stockholders' equity for the years 2016 and 2017. When required, round to one decimal place. 20Y7 20Y6 Return on total assets Return on stockholders' equity Return on common stockholders' equity % % % % % % b. The profitability ratios indicate that Vidahill Inc.'s profitability has stockholders' equity in both years, there must be . Since the rate of return on assets is the return on leverage from the use of debt.