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Property, plant, and equipment ( net ) $ 3 , 2 0 0 , 0 0 0 Liabilities: Current liabilities $ 1 , 0 0

Property, plant, and equipment (net) $3,200,000
Liabilities:
Current liabilities $1,000,000
Note payable, 6%, due in 15 years 2,000,000
Total liabilities $3,000,000
Stockholders equity:
Preferred $10 stock, $100 par (no change during year) $1,000,000
Common stock, $10 par (no change during year)2,000,000
Retained earnings:
Balance, beginning of year $1,570,000
Net income 930,000
Preferred dividends (100,000)
Common dividends (400,000)
Balance, end of year 2,000,000
Total stockholders equity $5,000,000
Sales $18,900,000
Interest expense $120,000
Assuming that long-term investments totaled $3,000,000 throughout the year and that total assets were $7,000,000 at the beginning of the current fiscal year, determine the following. Round your answers to one decimal place.
Line Item Description Ratio
a. Ratio of fixed assets to long-term liabilities fill in the blank 1
b. Ratio of liabilities to stockholders' equity fill in the blank 2
c. Asset turnover fill in the blank 3
d. Return on total assets fill in the blank 4%
e. Return on stockholders equity fill in the blank 5%
f. Return on common stockholders equity fill in the blank 6%

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