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  3. ex 14-17 profitability ratios obj. 5 a. return on

EX 14-17 Profitability ratios Obj. 5 a. Return on total assets, 2077, 12.0% The...

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Accounting

EX 14-17 Profitability ratios Obj. 5 a. Return on total assets, 2077, 12.0% The following selected data were taken from the financial statements of Vidahill Inc. for December 31,20 Y7,20 Y6, and 20Y5: 20 Y7 20 Y6 20 Y5 $4,800,000 $4,400,000 $4,000,000 2,250,000 2,250,000 2,250,000 250,000 250,000 250,000 Preferred 4% stock, $100 par (no change during year).. 500,000 500,000 500,000 Retained earnings dots dots dots dots dots dots dots dots dots dots dots dots dots dots dots 1,574,000 1,222,000 750,000 The 20Y7 net income was $372,000, and the 20Y6 net income was $492,000. No dividends on common stock were declared between 20Y5 and 20Y7. Preferred dividends were declared and paid in full in 20Y6 and 20Y7. a. Determine the

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