Slx 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) $1,337,600 Labilities: Current liabilities $142,000 Note payable, 6%, due in 15 years 704,000 A Total liabilities $846,000 Stockholders' equity: Preferred $2 stock, $100 par (no change during year) $846,000 Common stock, $10 par (no change during year) 846,000 Retained earnings: Balance, beginning of year $902,000 Net income 292.000 $1,194,000 Preferred dividends $16.920 Common dividends 49,090 66,000 Balance, end of year 1.128.000 Total stockholders' equity $2,820,000 Sales $9.926,550 342.240 R Total stockholders' equity $2,820,000 Sales $9,926,550 Interest expense $42.240 Assuming that long-term investments totaled $1,833,000 throughout the year and that total assets were $3.483,000 at the beginning of the current fiscal year, determine the following. When required, round to one decimal place. a. Ratio of fedts to long term abilities 1.9 b. Ratio of abilities to stockholders Guilty 0.31 c. Asstturnover 119 X d. Return total e turn on stod holders equity 1. non common stockholders equity Det and one by one O B. N M