Property, plant, and equipment (net) $1,612,800 Liabilities: Current liabilities Note payable, 6%, due in 15 years Total liabilities Stockholders' equity: Preferred $4 stock, $100 par (no change during year) $644,400 Common stock, $10 par (no change during year) 644,400 Retained earnings: Balance, beginning of year $688,000 Net income Preferred dividends Common dividends Balance, end of year Total stockholders' equity Sales Interest expense Assuming that total assets were $3,061,000 at the beginning of the current fiscal year, determine the following. When required, round to one deci a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover 8.3 d. Return on total assets 14.9% e. Return on stockholders' equity 16.2 % f. Return on common stockholders' equity 21%