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  3. c to f please. six measures of solvency or profit

C to F please. Six Measures of Solvency or Profitability The following data were...

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C to F please.

Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equipment (net) $1,262,800 Liabilities: Current liabilities $181,000 Note payable, 5%, due in 15 years 902,000 Total liabilities $1,083,000 Stockholders' equity: Preferred $4 stock, $100 par (no change during year) $649,800 Common stock, $10 par (no change during year) 649,800 Retained earnings: Balance, beginning of year $694,000 Net income 332,000 $1,026,000 Preferred dividends $25,992 Common dividends 133,608 159,600 Balance, end of year 866,400 Total stockholders' equity $2,166,000 Sales $13,622,400 Interest expense $54,120 1.4 Assuming that total assets were $3,087,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity 0.5 C. Asset turnover d. Return on total assets e. Return on stockholders' equity f. Return on common stockholders' equity % %

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