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)						$1,792,000
Liabilities:
	Current liabilities			$224,000
	Note payable, 6%, due in 15 years			1,120,000
	Total liabilities					$1,344,000
Stockholders' equity:
	Preferred $4 stock, $100 par (no change during year)					$2,016,000
	Common stock, $10 par (no change during year)					2,016,000
Retained earnings:
	Balance, beginning of year	$2,150,000
	Net income	698,000		$2,848,000
	Preferred dividends	$80,640
	Common dividends	79,360		160,000
	Balance, end of year					2,688,000
Total stockholders' equity						$6,720,000
Sales						$25,664,350
Interest expense						$67,200

Assuming that long-term investments totaled $4,032,000 throughout the year and that total assets were $7,661,000 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
c. Asset turnover
d. Return on total assets	%
e. Return on stockholders equity	%
f. Return on common stockholders' equity	%