Use the following information for Exercises 16-40 and 16-42: Ebert Inc. showed the following balances for last year: Rebert's net income for last year was $3, 182,000. Average Common Stockholders' Equity, Return on Stockholders' Refer to the information for Rebert Inc. above. 1. Calculate the average common stockholders' equity. 2. Calculate the return on Stockholders' equity. Briefly explain the meaning of the return on sales ratio, and comment on whether Juroe's return on sales ratio appears appropriate. Refer to the information for June Company above. Also, assume that Juroe's total assets at the beginning of the last year equaled $17, 350,000 and that the tax rate applicable to Juroe is 40%. 1. Calculate the average to two decimal places. 2. Calculate the return on assets. Use the following information for Exercises 16-40 and 16-42: Ebert Inc. showed the following balances for last year: Rebert's net income for last year was $3, 182,000. Average Common Stockholders' Equity, Return on Stockholders' Refer to the information for Rebert Inc. above. 1. Calculate the average common stockholders' equity. 2. Calculate the return on Stockholders' equity. Briefly explain the meaning of the return on sales ratio, and comment on whether Juroe's return on sales ratio appears appropriate. Refer to the information for June Company above. Also, assume that Juroe's total assets at the beginning of the last year equaled $17, 350,000 and that the tax rate applicable to Juroe is 40%. 1. Calculate the average to two decimal places. 2. Calculate the return on assets