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Solvency and profitab Trend Analysis Adda Company has provided the following comparative Information 2018 2017 2016 2015 2014 Net Income $1.344.600 $1.159.100 $974.000 5832.500 $705.500

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Solvency and profitab Trend Analysis Adda Company has provided the following comparative Information 2018 2017 2016 2015 2014 Net Income $1.344.600 $1.159.100 $974.000 5832.500 $705.500 Interest expense 457,200 417,300 360,400 274 700 218,700 169 320 4.559.059 1.393 694 430.272 324 548 272.720 216.450 Total atencing balance) 7,636,660 8,031 166 5.796,904 6.011.946 Total sonder equity (ending balance) 2.444,308 2.934,092 1.875,452 2.322.824 7.833.913 6.914035 5.904.425 3.009 955 Average stockholders equity 2.689 200 2.404.772 2.099.138 1 958,259 You have been asked to evaluate the historical performance of the company over the tast five vears Selected industry ratios have remained relatively steady at the following levels for the last five years 4.258.986 1.625.57 2014-2018 Return on total assets 22.7% Return on stockholders' equity 46.89 Times Interest earned 4.6 Ratio of liabilities to stockholders' equity Required: 1. Determine the following for the years 2014 through 2018. Round to one decimal place: a. Return on total asset 2018 2017 Required: 1. Determine the following for the mars 2014 through 2018. Round to one des mal placer 2018 2015 2015 Times interest eamed: 2018 2017 2016 2015 2014 d. Ratio of liabilities to stockholders' equity 2018 2017 15.0 2018 DHE -2015 2015 II d. Bag of lies to stockhodes que 2018 2017 2016 2015 2014 2. Refer to the selected industry ratios provided above. Both the rate earned on total assets and the rate earned on stockholders equity have been moving last two years. The cause of this change is driven by a rapid decrease in earnings

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