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) $1,067,200 Liabilities: Current liabilities $134,000 Note payable, 6%, due in 15 years 667,000 Total liabilities $801,000 $1,201,500 1,201,500 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 Preferred dividends Common dividends Balance, end of year Total stockholders' equity $1,282,000 457,000 $1,739,000 $24,030 112,970 137,000 1,602,000 $4,005,000 Sales $11,186,700 Interest expense $40,020 Assuming that long-term investments totaled $2,403,000 throughout the year and that total assets were $4,566,000 at the beginning of the current fiscal year, determine the folowing. When required, round to one decimal place. a. Ratio of fixed assets to long-term labies b. Ratio oeste stockholders equity A turnover d. Remonto e Return on stock deseguity 1. Return on constechers uity