Six Measures of Solvency or Profitability The following data were taken from the financial statements of Gates Inc. for the current fiscal year. $1,413,600 Property, plant, and equipment (net) Liabilities: Current liabilities $235,000 Note payable, 6%, due in 15 years 1,178,000 Total liabilities $1,413,000 $847,800 847,800 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 $904,000 393,000 $1,297,000 Preferred dividends $16,956 Common dividends 149,644 166,600 Balance, end of year 1,130,400 Total stockholders' equity $2,826,000 Sales $24,798,000 Interest expense $70,680 $847,800 847,800 Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: Balance, beginning of year $904,000 Net income 393,000 $1,297,000 Preferred dividends Common dividends $16,956 149,644 166,600 Balance, end of year 1,130,400 Total stockholders' equity $2,826,000 Sales $24,798,000 Interest expense $70,680 Assuming that total assets were $4,027,000 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