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) $1,085,000 Liabilities: Current liabilities $155,000 Note payable, 6%, due in 15 years 775,000 Total liabilities $930,000 Stockholders' equity: Preferred $2 stock, $100 par (no change during year) $558,000 558,000 Common stock, $10 par (no change during year) Retained earnings: Balance, beginning of year $596,000 Net income 222,000 $818,000 Preferred dividends $11,160 62,840 Common dividends 74,000 Balance, end of year 744,000 Total stockholders' equity $1,860,000 Sales $7,422,800 Interest expense $46,500 Assuming that long-term investments totaled $1,395,000 throughout the year and that total assets were $2,651,000 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 %