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) $2,193,400 Liabilities: Current liabilities $200,000 997,000 Note payable, 6%, due in 15 years Total liabilities $1,197,000 $718,200 718,200 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 $766,000 364,000 $1,130,000 Preferred dividends $14,364 158,036 172,400 957,600 957,600 Common dividends Balance, end of year Total stockholders' equity Sales $2,394,000 $23,456,700 Interest expense $59,820 Assuming that total assets were $3,411,000 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