Six Measures of Solvency or Profitability

The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year.

Property, plant, and equipment $($net$)$ $$2,154,600$

Liabilities:

Current liabilities $$228,000$

Note payable, $6\%,$ due in $15$ years $1,134,000$

Total liabilities $$1,362,000$

Stockholders' equity:

Preferred $$2$ stock, $$100$ par $($no change during year$)$ $$2,043,000$

Common stock, $$10$ par $($no change during year$)2,043,000$

Retained earnings:

Balance, beginning of year $$2,180,000$

Net income $644,000$ $$2,824,000$

Preferred dividends $$40,860$

Common dividends $59,140100,000$

Balance, end of year $2,724,000$

Total stockholders' equity $$6,810,000$

Sales $$34,260,250$

Interest expense $$68,040$

Assuming that total assets were $$7,763,000$ 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 fill in the blank $1$

b$.$ Ratio of liabilities to stockholders' equity fill in the blank $2$

$0\mathrm{.}2$

c$.$ Asset turnover fill in the blank $3$

d$.$ Return on total assets fill in the blank $4$

$\%$

e$.$ Return on stockholders$$ equity fill in the blank $5$

$\%$

f$.$ Return on common stockholders' equity fill in the blank $6$

$\%$