Question: EX 14-17 Profitability ratios Obj. 5 return on total The following selected data were taken from the financial statements of Vidahill Inc. for ets, 20Y7,
EX 14-17 Profitability ratios Obj. 5 return on total The following selected data were taken from the financial statements of Vidahill Inc. for ets, 20Y7, 12.0% December 31, 20Y7, 20Y6, and 20Y5 20Y7 20Y6 20YS $4,800,000 $4,400,000 $4,000,000 2,250,000 2,250,000 2,250,000 250,000 SHOW ME HOW 250,000 250,000 Preferred 4% stock, $100 par 500,000 (no change during year).500,000 500,000 750,000 The 20Y7 net income was $372,000, and the 20Y6 net income was $492,000. No dividends orn common stock were declared between 20Y5 and 20Y7. Preferred dividends were declared and paid in full in 20Y6 and 20Y7. A. Determine the return on total assets, the rate earned on stockholders' equity, and the return on common stockholders' equity for the years 20Y6 and 20Y7. (Round percentages to one decimal place.)
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