Sarasota Corp. decided to issue common stock and used the $340,000 proceeds to redeem all of...

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Sarasota Corp. decided to issue common stock and used the $340,000 proceeds to redeem all of its outstanding bonds on January 1, 2025. The following information is available for the company for 2025 and 2024. 2025 2024 Net income $181,405 $149,085 Dividends declared for preferred stockholders 9,000 9,000 Average common stockholders' equity 1,189,000 849,000 Total assets 1,470,000 1,470,000 Current liabilities Total liabilities 116,000 116,000 281,000 621,000 (a) Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, e.g. 12.5%.) Return on common stockholders' equity 2025 % 2024 (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, e.g. 12.5%.) Debt to assets ratio 2025 % 2024 % % Sarasota Corp. decided to issue common stock and used the $340,000 proceeds to redeem all of its outstanding bonds on January 1, 2025. The following information is available for the company for 2025 and 2024. 2025 2024 Net income $181,405 $149,085 Dividends declared for preferred stockholders 9,000 9,000 Average common stockholders' equity 1,189,000 849,000 Total assets 1,470,000 1,470,000 Current liabilities Total liabilities 116,000 116,000 281,000 621,000 (a) Compute the return on common stockholders' equity for both years. (Round answers to 1 decimal place, e.g. 12.5%.) Return on common stockholders' equity 2025 % 2024 (c1) Compute the debt to assets ratio for both years. (Round answers to 1 decimal place, e.g. 12.5%.) Debt to assets ratio 2025 % 2024 % %