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) $1,554,800 Liabilities: Current liabilities $238,000 1,196,000 Note payable, 6%, due in 15 years Total liabilities $1,434,000 $2,151,000 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 2,151,000 $2,294,000 725,000 $3,019,000 Preferred dividends $43,020 Common dividends 107.980 151,000 2,868,000 Balance, end of year Total stockholders' equity Sales $7,170,000 $53,689,600 Interest expense $71,760 Assuming that total assets were $8,174,000 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 96 d. Return on total assets % e. Return on stockholders' equity f. Return on common stockholders' equity %