Return on total assets

Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $415,210 Interest expense 73,270 Average total assets 3,440,000 Determine the return on total assets. If required, round the percentage to one decimal place. Return on Stockholders' Equity A company reports the following: Net income $150,000 Preferred dividends 6,000 Average stockholders' equity 1,094,891 Average common stockholders' equity 702,439 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. If required, round your percentages to one decimal place. a. The rate earned on stockholders' equity C] % b. The rate earned on common stockholders' equity % \\