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Six measures of solvency or profitabilityThe following data were taken from the financial statements of Gates Inc. for the current fiscal year.Property, plant, and equipment
Six measures of solvency or profitabilityThe following data were taken from the financial statements of Gates Inc. for the current fiscal year.Property, plant, and equipment netLiabilities:Current liabilitiesNote payable, due in yearsTotal liabilitiesStockholders' equity:Preferred $ stock, $ par no change during yearCommon stock, $ par no change during yearRetained earnings:Balance, beginning of yearNet incomePreferred dividendsCommon dividendsBalance, end of yearTotal stockholders' equitySalesInterest expense$$$$$$$$Assuming that longterm investments totaled $ throughout the year and that total assets were $ at the beginning of the current fiscal year, determine the following. Round your answers to one decimal place. Ratio of fixed assets to longterm liabilities Ratio of liabilities to stockholders equityC. Asset turnover Return on total assets Return on stockholders equity Return on common stockholders' equity
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