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Solvency and Profitability Trend Analysis Addal Company has provided the following comparative information: 20Y8 2017 20Y6 2015 2014 Net income Interest expense Income tax

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Solvency and Profitability Trend Analysis Addal Company has provided the following comparative information: 20Y8 2017 20Y6 2015 2014 Net income Interest expense Income tax expense Total assets (ending balance) Total stockholders' equity (ending balance) Average total assets Average stockholders' equity 2,991,578 9,855,376 3,328,467 $1,368,000 $1,179,300 $991,000 $847,000 $717,800 465,100 437,760 366,700 279,500 222,500 220,220 172,272 424,500 330,204 277,480 9,560,636 10,150,116 7,282,492 7,637,288 5,791,610 3,665,356 2,336,170 2,949,164 1,769,498 8,716,304 7,459,890 6,364,407 5,435,260 3,000,763 2,642,667 2,359,331 2,080,580 You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have remainedlatively steady at the following levels for the last five years: 2014-2018 Return on total assets Return on stockholders' equity, Times interest earned 18.3% 37.9% 4.6 Ratio of liabilities to stockholders' equity 2.1 Required: 1. Determine the following for the years 2014 through 20Y8. Round to one decimal place: a. Return on total assets: 20Y8 1 X % 2017 % 2016 %

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