8 of 8 < The following information is available for Vaughn Enterprises: 2014 2013 Current liabilities $205,800 $240,100 Long-term liabilities 333,200 411,600 Common stockholders' equity 896,700 1,078,000 Preferred stockholders' equity 132,300 132,300 Dividends paid to common stockholders 58,800 41,160 Dividends paid to preferred stockholders 38,612 11,760 Interest expense 24,500 20,580 Net income 117,600 196,000 Income tax expense 41,650 52,920 Net sales Common shares outstanding 5,831,000 6,076,000 78,400 72,520 13 Homework Question 8 of 8 < > Calculate each of the following for 2014. (Round last four answers to 1 decimal place, e.g. 527.5.) Payout ratio for 2014 % Return on common stockholders' equity for 2014 Times interest earned for 2014 Debt to assets ratio for 2014 % Return on assets for 2014 times % Asset turnover for 2014 times