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Seven metrics The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. As Property, plant, and
Seven metrics The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. As Property, plant, and equipment (net) Liabilities: $1,612,800 Current liabilities $178,000 Mortgage note payable, 10%, ten-year note issued two years ago 896,000 $1,074,000 Total liabilities Stockholders' equity: Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: Balance, beginning of year Net income Preferred dividends Common dividends Balance, end of year Total stockholders' equity $1,611,000 1,611,000 $1,718,000 699,000 $2,417,000 $32,220 236,780 269,000 2,148,000 $5,370,000 Sales Interest expense Beginning-of-the-year amounts: Property, plant, and equipment (net) Total assets Retained earnings $19,284,300 $174,337 $ 3,222,000 6,122,000 1,718,000 Determine the following: (a) debt ratio, (b) ratio of fixed assets to long-term liabilities, (c) ratio of liabilities to stockhol a. Debt ratio b. Ratio of fixed assets to long-term liabilities 1.80 % c. Ratio of liabilities to stockholders' equity 0.20 d. Asset turnover e. Return on total assets f. Return on stockholders' equity g. Return on common stockholders' equity % % %
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