The following selected data were taken from the financial statements of Vidaheline for December 31, 2017, 2016 and 2015: December 31 2015 2017 2016 Total assets $234,000 $211,000 $188,000 Notes payable (8% interest) 80,000 80,000 80,000 Common stock 32,000 32,000 32,000 Preferred 3% stock, $100 par 16,000 16,000 16,000 (no change during year) Retained earnings 79,685 61,465 48,000 The 2017 net income was $18,700, and the 2016 net income was $13,945. No dividends on common stock were declared between 2015 and 2047. 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 return on common stockholders' equity for the years 2016 and 2017. Round percentages to one decimal place 2017 2015 Return on total assets Return on stockholders' equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has improved equity in both years, there must be positive leverage from the use of debt. Since the rate of return on total assets is less than the return on stockholders Check My Work