Selected financial information for SandhillCorporation as of December are presented below. Net sales and net income for 2014 were $441,000 and $35,280 respectively. Dividends of $3,920 were declared for common stockholders and $5,880 for preferred shareholders in 2014. Preferred stockholders' equity is equal to 10% of total stockholders: equity. Compute the indicated ratios at December 31, 2014, or for the year ended December 31, 2014, as appropriate, (Round answers to 2 decimal places, es. 2.12.) Net sales and net income for 2014 were $441,000 and $35,280 respectively. Dividends of $3,920 were declared for common stockholders and $5,880 for preferred shareholders in 2014 . Preferred stockholders' equity is equal to 10% of total stockholders equity. Compute the indicated ratios at December 31,2014, or for the year ended December 31, 2014, as appropriate. (Round answers to decimal places, e.g. 2.12.)