Please answer all parts with explanations thx also need times interest earned for 2014- 2018 and ratio of liabilities to stockholders equity for 2014-2018 Requlred:1. Determine the following for the years 20Y4 through 20Y8. Round to one decimal place:a. Return on total assets:20Y8%20Υ720Υ620Y520Υ4%b. Return on stockholders' equity:20Υ820Υ720Y6%20Y5%20Y4%c. Times interest earned:20Y8EUS$4%&*56.789.tyCm Solvency and Profitability Trend AnalysisAddal Company has provided the following comparative information:20Y820Υ720Y620Y520Y4Net income$1,221,900 $1,053,400.$885,200$756,600$641,200Interest expense415,400379,200327,500249,700198,800Income tax expense391,008294,952247,856196,716153,888Total assets (ending balance)6,470,0856,787,405 4,907,289 5,073,781 3,847,617Total stockholders' equity (endingbalance)2,090,0742,494,916 1,595,958 1,966,216 1,179,730Average total assets6,628,7455,847,347 4,990,535 4,228,1513,589,744Average stockholders' equity2,292,4952,045,437 1,781,087 1,572,973 1,373,019You have been asked to evaluate the historical performance of the company over the last five years.Selected industry ratios have remained relatively steady at the following levels for the last five years:20Υ4-20Υ8Return on total assets24.4%Return on stockholders' equity50.1%Times interest earned4.6Ratio of liabilities to stockholders' equity2.1$4&6.789ykmctrl

Name: Please answer all parts with explanations thx also need times interest
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: Please answer all parts with explanations thx also need times interest earned for 2014- 2018 and ratio of liabilities to stockholders equity for 2014-2018 Requlred:1. Determine the following for the years 20Y4 through 20Y8. Round to one decimal place