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  3. profitability ratios the following selected data w

Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc....

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Profitability Ratios The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2076, and 2015: December 31 2017 2046 2015 Total assets $221,000 $199,000 $177,000 Notes payable (8% interest) 70,000 70,000 70,000 Common stock 28,000 28,000 28,000 Preferred 3% stock, $100 par 14,000 14,000 14,000 (no change during year) Retained earnings 81,220 57,140 42,000 The 2017 net income was $24,500, and the 2016 net income was $15,560. No dividends on common stock were declared between 2005 and 2047. Preferred dividends were declared a paid in full in 2016 and 2017. a. Determine the return on total assets, the return on stockholders' equity, and the return on common stockholders' equity for the years 2016 and 2017. When required, round to one decimal place. 2017 2016 Return on total assets % % Return on stockholders' equity % % Return on common stockholders' equity % %

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