Solvency and Profitability Trend Analysis Itzkoff Company has provided the following comparative information: 2016 2015 2014 2013 2012 Net income Interest expense Income tax expense Total assets (ending balance) Total stockholders' equity (ending balance 2,467,459 3,042,7971,937,311 2,460,429 1,476,257 Average total assets Average stockholders' equity $1,074,500 $926,300 $778,400 $665,300 $563,800 365,300 333,500 288,000 219,500 174,800 343,840 259,364 217,952 172,978 135,312 7,967,066 8,487,792 6,076,370 6,396,144 4,850,409 8,227,429 7,282,081 6,236,257 5,330,120 4,559,259 2,755,128 2,490,054 2,198,870 1,968,343 1,740,123 u have been asked to evaluate the historical performance of the company over the last five years elected industry ratios have remained relatively steady at the following levels for the last five years 2012-2016 Rate earned on total assets Rate earned on stockholders' equity Number of times interest charges are earned Ratio of liabilities to stockholders' equity Required: 1. Determine the following for the years 2012 through 2016. Round to one decimal place: a. Rate earned on total assets: 2016 2015 2014 2013 2012 b. Rate earned on stockholders' equity 2016 2015 2014 2013 2012 172% 35.8% 2.1