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Retained earnings 65,590 48,000 The 2017 net income was $30,590, and the 20Y6 net income was $18,390. No dividends on common stock were declared between 2015 and 20Y7. Preferred dividends were declared and paid in full in 2016 and 2017, 95,380 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 your answers to one decimal place. 20Y7 Return on total assets Return on stockholders' equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has debt. 96 96 % 20Y6 % % % the return on stockholders' equity in both years, there must be Since the return assets is leverage from the use of

Retained earnings 65,590 48,000 The 2017 net income was $30,590, and the 20Y6 net income was $18,390. No dividends on common stock were declared between 2015 and 20Y7. Preferred dividends were declared and paid in full in 2016 and 2017, 95,380 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 your answers to one decimal place. 20Y7 Return on total assets Return on stockholders' equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has debt. 96 96 % 20Y6 % % % the return on stockholders' equity in both years, there must be Since the return assets is leverage from the use of

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 17E
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Retained earnings 95,380 65,590 48,000 The 2017 net income was $30,590, and the 20Y6 net income was $18,390. No dividends on common stock were declared between 2015 and 20Y7. Preferred dividends were declared and 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 your answers to one decimal place. 20Y7 Return on total assets Return on stockholders' equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has debt. %6 96 % 20Y6 % % % the return on stockholders' equity in both years, there must be Since the return on assets is leverage from the use of
Transcribed Image Text:Retained earnings 95,380 65,590 48,000 The 2017 net income was $30,590, and the 20Y6 net income was $18,390. No dividends on common stock were declared between 2015 and 20Y7. Preferred dividends were declared and 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 your answers to one decimal place. 20Y7 Return on total assets Return on stockholders' equity Return on common stockholders' equity b. The profitability ratios indicate that the company's profitability has debt. %6 96 % 20Y6 % % % the return on stockholders' equity in both years, there must be Since the return on assets is leverage from the use of
The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 December 31 December 31 20Y7 20Y6 20Y5 $215,000 80,000 32,000 Total assets Notes payable (8% interest) Common stock Preferred 5% stock, $100 par (no change during year) Retained earnings $239,000 80,000 32,000 16,000 95,380 16,000 65,590 $191,000 80,000 32,000 16,000 48,000 The 2017 net income was $30,590, and the 20Y6 net income was $18,390. No dividends on common stock were declared between 2015- and 2017. Preferred dividends were declared and paid in full in 2016 and 2017.
Transcribed Image Text:The following selected data were taken from the financial statements of Vidahill Inc. for December 31, 2017, 2016, and 2015: December 31 December 31 December 31 20Y7 20Y6 20Y5 $215,000 80,000 32,000 Total assets Notes payable (8% interest) Common stock Preferred 5% stock, $100 par (no change during year) Retained earnings $239,000 80,000 32,000 16,000 95,380 16,000 65,590 $191,000 80,000 32,000 16,000 48,000 The 2017 net income was $30,590, and the 20Y6 net income was $18,390. No dividends on common stock were declared between 2015- and 2017. Preferred dividends were declared and paid in full in 2016 and 2017.
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