Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $657,200 Interest expense 115,980 Average total assets 5,770,000 Determine the return on total assets. If required, round the answer to one decimal place. % Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $1,113,000 Preferred dividends $63,000 Shares of common stock outstanding 70,000 Market price per share of common stock $199.50 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. b. Determine the company's price-earnings ratio. Round to one decimal place