Selected financial data from the June 30 year-end statements of Safford Company are given below: Total assets at the beginning of the year were $5,400,000; 10 tal stockholders' equity was $1,900,000. The company's tax rate is 30%. Required: 1. Compule the return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.37 ) 2. Compute the return on equity. (Round your percentoge onswer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 3. Is financial leverape positive or negative? Answer is complete but not entirely correct. Total assets at the beginning of the year were $5,400,000, total stockholders' equity was $1,900,000. The company's tax rate is 30% Required: 1. Compute the return on total assets. (Round your percentage answer to 1 decimal place (1.e., 0.1234 should be entered as 12.3).) 2. Compute the return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3 ).) 3. Is financial leverage positive or negative? Answer is complete but not entirely correct