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: Current liabilities Note payable, 6%, due in 15 years Total liabilities Stockholders' equity: Preferred $4 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: $2,058,500 $179,000 895,000 $1,074,000 $805,500 805,500 Balance, beginning of year Net income Preferred dividends Common dividends Balance, end of year Total stockholders' equity Sales $860,000 372,000 $32,220 125,780 $1,232,000 158,000 1,074,000 $2,685,000 $19,791,000 $53,700 Interest expense Assuming that total assets were $3,571,000 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 0.4 X X % 14.4 % X %