eBook Question Content Area 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) $1,850,200 Liabilities: Current liabilities $167,000 Note payable, 6%, due in 15 years 841,000 Total liabilities $1,008,000 Stockholders' equity: Preferred $4 stock, $100 par (no change during year) $604,800 Common stock, $10 par (no change during year) 604,800 Retained earnings: Balance, beginning of year $646,000 Net income 309,000 $955,000 Preferred dividends $24,192 Common dividends 124,408 148,600 Balance, end of year 806,400 Total stockholders' equity $2,016,000 Sales $16,511,600 Interest expense $50,460 Assuming that total assets were $2,873,000 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 fill in the blank 1 b. Ratio of liabilities to stockholders' equity fill in the blank 2 c. Asset turnover fill in the blank 3 d. Return on total assets fill in the blank 4 % e. Return on stockholders equity fill in the blank 5 % f. Return on common stockholders' equity fill in the blank 6 %