I need help with the ones that are marked wrong. I cant seem to get the right answer. Thanks!!

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) $1,284,000 Liabilities: Current liabilities Note payable, 6%, due in 15 years $170,000 856,000 $1,026,000 $1,026,000 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 1,026,000 $1,094,000 Net Income Preferred dividends 405,000 $1,500,000 $20,520 111,480 132,000 Common dividends Balance, end of year Total stockholders' equity Sales 1,368,000 $3,420,000 $12,249,600 Interest expense $51,360 Assuming that long-term investments totaled $2.223,000 throughout the year and that total assets were $4,224,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place. 1. Ratio of fixed assets to long-term abilities 1.5 Retained earnings: Balance, beginning of year Net Income Preferred dividends Common dividends Balance, end of year Total stockholders' equity $1,094,000 406,000 $1,500,000 $20,520 111,480 132,000 1,368,000 $3,420,000 $12,249,600 $51,360 Sales Interest expense Assuming that long-term Investments totaled $2,223,000 throughout the year and that total assets were $4,224,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place. a. Ratio of foxed assets to long-term lobilities b. Ratio of abilities to stockholdersequilty 1.5 0.3 c. Asset turnover 3.8 x d. Return on total assets 10.6 94 e. Return on stockholders' equity 12.4 % 1. Return on common stockholders' equity 17.1 % & Divide property, plant and equipment (net) by long-term labilities u video by total stockholders'equity Olvides by average total nuts, excluding long term investments. Average total assets. (Beginning total assets Ending total mets) 2. To find ending total note uns the Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucroy Industries Inc. are as follows: Cash $437,500 Marketable securities 162,500 Accounts and notes receivable (net) 320,000 Inventories 750,000 Prepaid expenses 46,000 Accounts payable 230,000 Notes payable (short-term) 255,000 Accrued expenses 295,000 Required: 1. Compute(a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. a. Working capital 936,000, b. Current ratio 2.2 C Quick ratio 1.2 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. Transaction Working Capital Current Ratio Quick Ratio a. Sold marketable securities at no gain or loss, $75,000. 936,000 4 2.2 b. Paid accounts payable, $105,000. 936,000 2.4 1.2 c. Purchased goods on account, $135,000. 936,000 2 17 d. Paid notes payable, $115,000. 936,000 2.4 1.2 Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. a. Working capital 936,000 b. Current ratio 2.2 c. Quick ratio 1.2 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. Transaction Working Capital Current Ratio Quick Ratio a. Sold marketable securities at no gain or loss, $75,000 936,000 2.2 1.2 b. Pald accounts payable, $105,000 936,000 2.4 1.2 c. Purchased goods on account, $135,000 90,000 2 d. Pald notes payable, 5115,000 936,000 2.4 1.2 .. Declared a cash dividend, $135,000 801,000 1.9 906,000 X 2.2 1.2 1,156,000 2.5 1.5 1. Declared a common stock dividend on common stock, $30,000 9. Borrowed cash from bank on a long-term note, $220,000 h. Received cash on account, $145,000 1. Issued additional shares of stock for cash, $575,000 1. Paid cash for prepaid expenses, $7,000. 1,081,000 X 2.2 1.2 1,511,000 2.97 1.9 929,000 x 2.2 1.27