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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2075: December 31 2017

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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2075: December 31 2017 2016 20YS Total assets $296,000 $267,000 $238,000 Notes payable (8% interest) 100,000 100,000 100,000 Common stock 40,000 40,000 40,000 Preferred 3% stock, $100 par 20,000 20,000 20,000 (no change during year) Retained earnings 114.430 77,175 60,000 The 2017 net income was $37,855, and the 2076 net income was $17,775, No dividends on common stock were declared between 2045 and 2077. Preferred dividends were declared and pald in full in 20Y6 and 2043 a. Determine the return on total assets, the return on stockholders equity, and the return on common stockholders' equity for the years 2046 and 2017. When required, round to one decimal place. 2017 2016 16.3 % 10.2 % Return on total assets 21.7 X 9 Return on stockholders' equity 96 976 Return on common stockholders' equity the return on

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