Question: answer this with a solution TASK 9. Please answer this exercise. (20 PTS) Example Exercise 17-9 Rate Earned on Total Assets A company reports the

answer this with a solution
TASK 9. Please answer this exercise. (20 PTS) Example Exercise 17-9 Rate Earned on Total Assets A company reports the following income statement and balance sheet information for the current year. Net Income $ 125,000 Interest expense 25,000 Average total assets 2,000,000 Determine the rate earned on total assets. Task 10. Please answer this exercise. (20 PTS) Example Exercise 17-10 Common Stockholders' Profitability Analysis A company reports the following: Net income $ 125,000 Preferred dividends 5,000 Average stockholders' equity 1,000,000 Average common stockholders' equity 800,000 Determine (a) the rate earned on stockholders' equity and (b) the rate earned on common stockholders equity
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