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) $1,952,700 $171,000 849,000 $1,020,000 Liabilities: Current liabilities Note payable, 6%, due in 15 years Total liabilities Stockholders' equity: Preferred 54 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 $1,530,000 1,530,000 $2,210,000 $1,632,000 578,000 $61,200 108,800 170,000 Balance, end of year 2,040,000 Total stockholders' equity $5,100,000 Sales $38,188.800 Interest expense $50,940 Assuming that total assets were $5,814,000 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 abilities to stockholders' equity c. Asset turnover d. Return on total assets e. Return on stockholders' equity f. Return on common stockholders' equity