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)						$1,981,700
Liabilities:
	Current liabilities			$208,000
	Note payable, 6%, due in 15 years			1,043,000
	Total liabilities					$1,251,000
Stockholders' equity:
	Preferred $4 stock, $100 par (no change during year)					$750,600
	Common stock, $10 par (no change during year)					750,600
Retained earnings:
	Balance, beginning of year	$800,000
	Net income	337,000		$1,137,000
	Preferred dividends	$30,024
	Common dividends	106,176		136,200
	Balance, end of year					1,000,800
Total stockholders' equity						$2,502,000
Sales						$22,685,800
Interest expense						$62,580

Assuming that total assets were $3,565,000 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
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%

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