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I need help with letter E&F please Six Measures of Solvency or Profitability The following data were taken from the financial statements of Loveseth Inc.
I need help with letter E&F please
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) Liabilities: Current liabilities Note payable, 6%, due in 15 years Total liabilities Stockholders' equity: Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: Balance, beginning of year Net income Preferred dividends Common dividends Balance, end of year Total stockholders' equity Sales Interest expense 422,000 $18,780 153,220 $156,000 783,000 939,000 939, ooo g3g,ooo 172,000 $22,218,000 $46,980 Assuming that total assets were $3,856,000 at the beginning of the current fiscal year, determine the following: When required, round to one decimal place. b. d. Ratio of fixed assets to long-term liabilities Ratio of liabilities to stockholders' equity Asset turnover Return Return Retu m on total assets on stockholders' equity on common stockholders' equity 11.8 13.48 35.7
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