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$)$

Llabilities: $3,200,000$

Current liabilities $1,000,000$

Note payable, $6\%,$ due in $15$ years $2,000,000$

Total liabilities $3,000,000$

Stockholders' equity:

Preferred $$10$ stock, $$100$ par $($no change during year$)1,000,000$

Common stock, $$10$ par $($no change during year$)2,000,000$

Retained earnings:

Balance, beginning of year $1,570,000$

Net income $930,000$

Preferred dividends $100,000$

Common dividends $400,000$

Balance, end of year $2,000,000$

Total stockholders' equity $5,000,000$

Sales $18,900,000$

Interest expense $120,000$

assuming that long$-$term investments totaled $3,000,000$ throughout the year and that total assets were $7,000,000$ at the beginning of the current pistol year, determine the following round your

answers to one decimal place

A$.$ratio, and fixed assets to long$-$term liabilities.$\_\_\_\_$

B$.$ratio of liabilities to stockholders equity.$\_\_\_$

C$.$ Asset turnover.$\_\_\_\_$

D$.$ Return on total asset. $\_\_\_\%$

E$.$ Return on stockholders equity.$\_\_\_\_\%$

F$.$return, uncommon, stockholders equity.$\_\_\_\_\%$