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Pronghorn Corp decided to issue common stock and used the $250,000 proceeds to redeem all of its outstanding bonds on January 1.2022. The following information

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Pronghorn Corp decided to issue common stock and used the $250,000 proceeds to redeem all of its outstanding bonds on January 1.2022. The following information is available for the company for 2022 and 2021. Net income Dividends declared for preferred stockholders Average common stockholders' equity Total assets Current liabilities Total liabilities 2022 $180,000 6,000 920,000 1,520,401 100.000 600,401 2021 $140,000 6,000 670,000 1,520.401 100,000 850,401 (a) Your answer is correct. Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, eg. 12.5%) 2022 2021 18.9 % 20.0 % Return on common stockholders' equity ratio (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, eg. 12.5%) 2022 2021 Debt to assets ratio % %

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