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ristics of each of the respective segments. EX 17-17 Profitability ratios turn on total 20Y7, 11.09% OBJ. 5 The following selected data were taken from

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ristics of each of the respective segments. EX 17-17 Profitability ratios turn on total 20Y7, 11.09% OBJ. 5 The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: Show Me dow 205 Total assets $4,800,000 2.500,000 250,000 206 207 Notes payable (6% interest) Common stock.. Preferred 2.5% stock, $100 par $5,000,000 $5,200,000 2,500,000 2,500,000 250,000 250,000 (no change during year). Retained earnings... 500,000 500,000 500,000 750,000 The 20Y7 net income was $411,000, and the 20Y6 net income was 1,222.000 1,574,000 on common stock were declared between 20Y5 and 20Y7. Preferred dividends were $462,500. No dividends declared and paid in full in 20Y6 and 20Y7. ristics of each of the respective segments. EX 17-17 Profitability ratios turn on total 20Y7, 11.09% OBJ. 5 The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 20Y7, 20Y6, and 20Y5: Show Me dow 205 Total assets $4,800,000 2.500,000 250,000 206 207 Notes payable (6% interest) Common stock.. Preferred 2.5% stock, $100 par $5,000,000 $5,200,000 2,500,000 2,500,000 250,000 250,000 (no change during year). Retained earnings... 500,000 500,000 500,000 750,000 The 20Y7 net income was $411,000, and the 20Y6 net income was 1,222.000 1,574,000 on common stock were declared between 20Y5 and 20Y7. Preferred dividends were $462,500. No dividends declared and paid in full in 20Y6 and 20Y7

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