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pls answer all parts with explanations thx Property, plant, and equipment (net) Liabilities: $1,725,000 Current liabilities Note payable, 6%, due in 15 years $150,000 750,000
pls answer all parts with explanations thx Property, plant, and equipment (net) Liabilities: $1,725,000 Current liabilities Note payable, 6%, due in 15 years $150,000 750,000 Total liabilities $900,000 Stockholders' equity: Preferred $4 stock, $100 par (no change during year) Common stock, $10 par (no change during year) $540,000 540,000 Retained earnings: Balance, beginning of year $576,000 219,000 $795,000 Net income $21,600 Preferred dividends Common dividends 53,400 75,000 720,000 Balance, end of year Total stockholders' equity $1,800,000 $11,846,250 Sales Interest expense $45,000 Previous Check My Work 9 ML Balance, beginning of year Net Income $576,000 219,000 $795,000 $21,600 Preferred dividends Common dividends Balance, end of year Total stockholders' equity 53,400 75,000 720,000 $1,800,000 Sales $11,846,250 Interest expense $45,000 Assuming that total assets were $2,565,000 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 2.3 b. Ratio of liabilities to stockholders' equity 0.5 c. Asset turnover d. Return on total assets e. Return on stockholders' oquity f. Return on common stockholders' equity Previous Check My Work 06.16
pls answer all parts with explanations thx
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