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$)$

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:

Balance, beginning of year

Net income

Preferred dividends

Common dividends

Balance, end of year

Total stockholders' equity

Sales

Interest expense

$$1,997,100$

$$189,000$

$951,000$

$$1,140,000$

$$855,000$

$855,000$

Assuming that total assets were $$3,791,000$ 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

$x\%$

f$.$ Return on common stockholders' equity

$x\%$

$x\%$