Six Measures of Solvency or Profitability The following data were taken from the financial statements...
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Six Measures of Solvency or Profitability The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year. Property, plant, and equipment (net) 51,254,000 Llable Current labai 5166,000 Note payable, due in 15 years 336,000 Total abilities 11.002.000 Stockholders' equity Preferred 54 stock, 5100 par (no change during year) $1,500,000 Common stock, 510 par (no change during year) 1,500,000 Retained Gaming Balance, beginning of year $1.504.000 Net Income 619.000 52 223,000 Preferred dividende 560,120 Common dividende 150,000 219.000 Balance, and of year 2,004,000 Total to holde uity 55,010,000 Sales 536099,750 150, 160 Interesse Assuming that total assets were $5,711,000 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 Asset turnover d. Return on total assets e. Return on stockholders equity 1. Return on common stockholders equity


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