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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,

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) $3,200,000
Liabilities:
Current liabilities $1,000,000
Note payable, 6%, due in 15 years 2,000,000
Total liabilities $3,000,000
Stockholders equity:
Preferred $10 stock, $100 par (no change during year) $1,000,000
Common stock, $10 par (no change during year) 2,000,000
Retained earnings:
Balance, beginning of year $1,570,000
Net income 930,000 $2,500,000
Preferred dividends $100,000
Common dividends 400,000 500,000
Balance, end of year 2,000,000
Total stockholders equity $5,000,000
Sales $18,900,000
Interest expense $120,000

Assuming that long-term investments totaled $3,000,000 throughout the year and that total assets were $7,000,000 at the beginning of the current fiscal year, determine the following. Round to one decimal place.

a. Ratio of fixed assets to long-term liabilities 1.6
b. Ratio of liabilities to stockholders' equity 0.6
c. Asset turnover 4.2
d. Return on total assets 14%
e. Return on stockholders equity %
f. Return on common stockholders equity

%

I only need e, and f answered, please.

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