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I previously asked Chegg for help and as you can see the answers to C-F were incorrect. Please assist. Six Measures of Solvency or Profitability

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I previously asked Chegg for help and as you can see the answers to C-F were incorrect. Please assist.

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) $1,442,700 Liabilities: Current liabilities $ 138,000 Note payable, 6%, due in 15 years 687,000 Total liabilities $825,000 Stockholders' equity: $618,750 Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) 618,750 Retained earnings: Balance, beginning of year $660,000 Net income 254,000 $914,000 Preferred dividends $12,375 Common dividends 76,625 89,000 Balance, end of year 825,000 Total stockholders' equity $2,062,500 Sales $18,017,600 Interest expense $41,220 Assuming that total assets were $2,743,000 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 2.1 b. Ratio of liabilities to stockholders' equity 0.4 c. Asset turnover 6.6 x d. Return on total assets 9.3 X % e. Return on stockholders' equity 12.3 X % f. Return on common stockholders' equity 39.1 X %

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