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Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates Inc. for the current frscal year Property, plant,

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Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates Inc. for the current frscal year Property, plant, and equipment (net) $1,147,600 Labilities: Current liabilities $122.000 Nobe payable, 6%, due in 15 years 604.000 Total liabilities $726,000 Stockholders' equity: Preferred $2 stock, $100 par (no change during $1,089,000 year) Common stock. $10 par (no change during year) 1,089,000 Retained earningst Balance, beginning of year $1,162,000 Net Income 343,000 $1,505,000 Preferred dividends $21,780 Common dividends 31.220 53,000 Balance, end of year 1,432,000 Total stockholders' equity $3,630.000 Sales $11.379.500 Interest expense 525,240 Assuming that long-term investments totaled 52. 178.000 throughout the year and that total assets 54 138.000 at the beginning of the current fiscal year de a. Ratio of find assets to long-term liabilities b. Ratio is to stockholders equity cattura ho d. Rotumas e. Paturno Se Measures of Senyor Profit The following data were taken from the financial statements of Gates Inc. for the current calw. Property, plant, and expert) $1,147,600 Current labels Mote payabile de in 15 years $122.000 604.000 $726,000 Preferred stock $100 par no charge during $1,009,000 Common ock, $10 par (no change during year) 1.000.000 Retained earnings Balar, beginning of year $1,162,000 Net income 343.000 $1.500.000 Preferred dividende $21.700 Common dividende 31.220 33.000 Balance, and of year 1452.000 Total stockholders' equity $3.630,000 Sales $11.379,500 Interest expense 5:36.240 Assuming that long-term investments totaled $2.178.000 throughout the year and that totalmetre 54.136.000 at the beginning of the current focal year determine the following. When required, round to one decimal place a. Ratio of fresses to long-term b. Ratio of abilities to stockholders' equity X C. Autumn d. Return on total e. Return on stockholders' equity f. Return on common stockholde equity

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