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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

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) $1,289,600
Liabilities:
Current liabilities $199,000
Mortgage note payable, 10%, ten-year note issued two years ago 992,000
Total liabilities $1,191,000
Stockholders' equity:
Preferred $2 stock, $100 par (no change during year) $893,250
Common stock, $10 par (no change during year) 893,250
Retained earnings:
Balance, beginning of year $952,000
Net income 387,000 $1,339,000
Preferred dividends $17,865
Common dividends 130,135 (148,000)
Balance, end of year 1,191,000
Total stockholders' equity $2,977,500
Sales $8,119,025
Interest expense $96,646
Beginning-of-the-year amounts:
Property, plant, and equipment (net) $ 2,084,000
Total assets 3,960,000
Retained earnings 952,000

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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, (f) return on stockholders' equity, and (g) return on common stockholders' equity. Round to two decimal places. a. Debt ratio % b. Ratio of fixed assets to long-term liabilities 1.3 C. Ratio of liabilities to stockholders' equity d. Asset turnover e. Return on total assets IIIII % f. Return on stockholders' equity % g. Return on common stockholders' equity %

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