Question: a Determine the return on total assets the return on stockholders equity and the return on common stockholders equity for the years 20Y6 and 20Y7
a Determine the return on total assets the return on stockholders equity and the return on common stockholders equity for the years 20Y6 and 20Y7 Round your answers to one decimal place Line Item Description 20Y7 20Y6 Return on total assets fill in the blank 1 81 fill in the blank 2 117 Return on stockholders equity fill in the blank 3 213 fill in the blank 4 361 Return on common stockholders equity fill in the blank 5 282 fill in the blank 6 548 b The profitability ratios indicate that the companys profitability has fill in the blank 1 of 3 deteriorated Because the return on common stockholders equity fill in the blank 2 of 3 exceeds the return on total assets in both years there is fill in the blank 3 of 3 positive leverage from the use of debt
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