Selected financial data from the June 30 year-end statements of Safford Company are given below: Total assets Long-term debt (12% interest rate) Total stockholders' equity Interest paid on long-term debt Net income $5,700,000 $740,000 $2,500,000 $88,800 $390,000 Total assets at the beginning of the year were $5,500,000; total stockholders' equity was $2,300,000. The company's tax rate is 30%. Required: 1. Compute the return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Return on total assets % 2. Compute the return on equity. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Return on equity 3. Is financial leverage positive or negative? Positive Negative