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Given the following information, what is the ratio of liabilities to stockholders' equity? Fixed assets (net) at year-end Average fixed assets Total assets Long-term liabilities Total liabilities Total stockholders' equity Total liabilities and stockholders' equity Interest expense Income before income tax Net income $400,000 450,000 500,000 300,000 350,000 250,000 500,000 5,000 150,000 100,000 O a. 0.7 O b. 1.4 O c. 1.2 O d. 0.6 The balance sheets at the end of each of the first two years of a company's operations indicate the following: Total current assets Total investments Total property, plant, and equipment Total current liabilities Total long-term liabilities Preferred 9% stock, $100 par Common stock, $10 par Paid-in capital in excess of par-common stock Retained earnings Year 2 $600,000 80,000 935,000 175,000 350,000 100,000 600,000 60,000 330,000 Year 1 $580,000 40,000 755,000 155,000 250,000 100,000 600,000 60,000 210,000 If net income is $145,000 and interest expense is $30,000 for Year 2, what is the return on total assets for Year 2? O a. 10.8% O b. 29.7% O c. 19.3% O d. 11.7% Given the following information, which company's stockholders received the highest return in the form of dividends? Company W Company Company Y Company Z Earnings per share $4.35 $4.75 $4.20 $5.25 Price-earnings ratio 25.1 17.2 18.3 22.0 Dividend yield 3.0% 3.2% 0.0% 2.8% O a. Company w O b. Company Y O c. Company X O d. Company z