Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equipment (net) $848,900 Liabilities: Current liabilities Note payable, 6%, due in 15 years $130,000 653,000 Total liabilities $783,000 $469,800 469,800 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 Sales $749,000 $502,000 247,000 $9,396 113,204 122,600 626,400 $1,566,000 $11,681,550 Interest expense $39,180 Assuming that total assets were $2,232,000 at the beginning of the current fiscal year, determine the following. When required, round 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 1. Return on common stockholders' equity 0.2