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The following selected data were taken from the financial statements of The O'Malley Group Inc. for December 31, 20Y5, 20Y4, and 20Y3: December 31 203

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The following selected data were taken from the financial statements of The O'Malley Group Inc. for December 31, 20Y5, 20Y4, and 20Y3: December 31 203 204 20YS $2,000,000 $2,900,000 $2,400,000 Total assets 800,000 800,000 800,000 Notes payable (5 % interest) 250,000 250,000 250,000 Common stock 400,000 400,000 400,000 Preferred $4 stock, $50 par (no change during year) 550,000 950,000 1,450,000 Retained earnings 330.000 430,000 530,000 Net income No dividends on common stock were declared between 20Y3 and 20YS on total assets, the return on stockholders' equity, and the return on common stockholders equity for the years 20Y4 a. Determine the return and 20Y5. Round to one decimal place. 20 20 21.36 % 21.50 Rate earned on total assets 30.71 28.64 Rate earned on stockholders' equity X 9% 24.12 % Rate earned on common stockholders equity Next Previous Check My Work 1250 AM

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