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Six Measures of Solvency or Profitability The following data were taken from the financial statements of Loveseth inc. for the current fiscal year. Balance, beginning

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Six Measures of Solvency or Profitability The following data were taken from the financial statements of Loveseth inc. for the current fiscal year. Balance, beginning of year $1,414,000 Net income Preferred dividends Common dividends Balance, end of year \begin{tabular}{rr} 592,000 & $2,006,000 \\ \hline$53,040 \\ 184,960 & 238,000 \\ \hline \end{tabular} Total stockholders' equity Sales Interest expense $66,360$29,693,250$4,420,0001,768,000 Assuming that total assets were $5,459,000 at the beginning of the current fiscal year, determine the following: When required, round to one decimat place. a. Rtatio of lived asuets to long-term labibbes b. Ratio of luabilities 10 stockhoiders equity c. Asset sumpeve: d. Peturm on total assets 11% e. Return on stoxtholders' equiky 13x= 1. Retum on cominon stockiolders' equity 0.215 Festtad Forind 3 Wat a a Dwide propenty plant and equprient (rief by long Jerm labaties

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