Assignment> Open Assignment Problem 11-7A Your answer is partially correct. Try again. Mangold Company manufactures backpacks. During 2017, Mangold issued bonds at 12% interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Marigold Company for the years 2017 and 2016 2017 2016 Sales revenue Net income Interest expense Tax expense Dividends paid on common stock Dividends paid on preferred stock Total assets (vear-end) 12,500,000 $12,600,000 3,136,000O 3.s00,000 900.000252,000 938,000,050,000 1,602,000.846,800 40,000$40,000 20,300,00023.625,000 Average total assets Total labieties (yeaend 8,237,500111131,973.400 10.00,00040.000 Avg. total common stocknolds equity wl6.920,00025 380,000 use the information above to calculate the foilowing ratios for both years: (Round answers ee 1 decimal place, e 12.5% or 12.5.) 3 4 5 9