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) Liabilities: $1,115,800 $160,000 Current liabilities Note payable, 6%, due in 15 years Total liabilities 797,000 $957,000 Stockholders' equity Preferred $2 stock, $100 par (no change during year) $957,000 Common stock, $10 par (no change during year) 957,000 Retained earnings: Balance, beginning of year $1,020,000 Net income 330,000 $1,350,000 Preferred dividends $19,140 Common dividends 54,860 74,000 1,276,000 $3,190,000 $19,408,800 $47,820 Balance, end of year Total stockholders' equity Sales Interest expense Assuming that total assets were $3,940,000 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 f. Return on common stockholders' equity 0 0 0