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RIngtone Inc. has the following selected financial data: There were no preferred dividends in arrears. Required: Provide input into cells shaded in yellow in this

image text in transcribedimage text in transcribed RIngtone Inc. has the following selected financial data: There were no preferred dividends in arrears. Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or work areas as indicated. (a) Calculate the following ratios for 2023. (1) Rate of return on common shareholders' equity Average common shareholders' equity Preferred dividends Rate of return on common shareholders' equity (2) Payout ratio Payout ratio (3) Price earnings ratio Earnings per share Price earnings ratio times (3) Book value Book value per share (4) Rate of return on total assets Rate of return on total assets

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