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The following selected data were taken from the financial statements of vidahill Inc, for December 31,20 r7, 20Y6, and 20Y5: The 207 net income was

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The following selected data were taken from the financial statements of vidahill Inc, for December 31,20 r7, 20Y6, and 20Y5: The 207 net income was $372,000, and the 2046 net income was $492,000. Wo dividends on common stock were declared between 20 rs and 20 r 7 . Preferred dividends were dedared and paid in full in 20Y6 and 2007. a. Determine the retum on total assits, the return on stocdiolders' equity, and the return on common stockholders' equity for the years 20 ro and 20r7. Round to one decimal place: The 20Y7 net income was $372,000, and the 20 Y 6 net income was $492,000. No dividends on common stock were declared between 20 Y 5 and 20 r. Preferred dividends were declared and paid in full in 20%6 and 207. a. Determine the retum on total assets, the return on stockholdersi equity, and the return on common stockholders equity for the years 20 y and 20Y7. Round to one decimal place. b. The profitabuity ratios indicate that the company's profitabuity has the return on total assets in both years, there is Eecause the return un cummon stockholders equity. leverage from the use of debt

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