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Seven metrics The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. Assuming that there are no

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Seven metrics The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. Assuming that there are no intangible assets. Property, plant, and equipment (net) $992,600 Liabilities: Current liabilities $143,000 Mortgage note payable, 10%, ten-year note issued two years ago 709,000 Total liabilities $852,000 Stockholders' equity: Preferred $4 stock, $100 par (no change during year) Common stock, $10 par (no change during year) $639,000 639,000 Retained earnings: Balance, beginning of year $682,000 Net income 274,000 $956,000 Preferred dividends $25,560 Common dividends 78,440 104,000 Balance, end of year 852,000 Total stockholders' equity $2,130,000 Sales $7,082,500 Interest expense $69,085 Beginning-of-the-year amounts: Property, plant, and equipment (net) $ 1,491,000 Total assets 2,833,000 Retained earnings 682,000 Determine the following: (a) debt ratio, (b) ratio of fixed assets to long-term liabilities, (c) ratio of liabilities to stockholders' equity, (d) asset turnover, (e) return on total assets, () return on stockholders' equity, and (9) return on common stockholders' equity. Round to two decimal places. a. Debt ratio 22.57 X % b. Ratio of fixed assets to long-term liabilities c. Ratio of liabilities to stockholders' equity 0.4 d. Asset turnover 12.67 x e. Return on total assets 12.67 f. Return on stockholders' equity 12.86 x % g. Return on common stockholders' equity 21.88 X %

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