The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year.
Property, plant, and equipment net$Liabilities:Current liabilities$Note payable, due in yearsTotal liabilities$Stockholders' equity:Preferred $ stock, $ par no change during year$Common stock, $ par no change during yearRetained earnings:Balance beginning of year$Net income$Preferred dividends$Common dividendsBalance end of yearTotal stockholders' equity$Sales$Interest expense$
I need to calculate the following:
Return on total assets
Return on stockholders equity
Return on common stockholders' equity
