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Six measures of solvency or profitability The followina data were taken from the financial statements of Gates Inc. for the current fiscal vear. Assuming that

image text in transcribedimage text in transcribed Six measures of solvency or profitability The followina data were taken from the financial statements of Gates Inc. for the current fiscal vear. 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. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover d. Return on total assets e. Return on stockholders' equity % f. Return on common stockholders' equity % %

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