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The following selected data were taken from the financial statements of Vidahil Inc. for December 31, 2077 2076, and 2015: December 31 20Y7 2016 20YS
The following selected data were taken from the financial statements of Vidahil Inc. for December 31, 2077 2076, and 2015: December 31 20Y7 2016 20YS Total assets $213,000 $192,000 $171,000 Notes payable (8% interest) 70,000 20,000 70,000 Common stock 28,000 28,000 28,000 Preferred 6% stock, $100 par 14,000 14,000 14,000 (no change during year) Retained earnings 36,155 59,870 42,000 The 2017 net income was $27,425, and the 2076 net income was $18.410. No dividends on common stock were declared between 2oys and 2017 Preferred dividends were declared and paid in full in 2016 and 2017 a. Determine the return on total assets, the return on stockholders' equity and the resumon common stockholders equity for the years 206 and 2017. Round percentages to one decimal place. 2017 2016 Return on total assets Return on stockholders equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitables Since the latest retursets is
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