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) $1,941,400 Liabilities: Current liabilities $229,000 Note payable, 6%, due in 15 years 1,142,000 Total liabilities $1,371,000 Stockholders' equity: Preferred $2 stock, $100 par (no change during year) $1,371,000 Common stock, $10 par (no change during year) 1,371,000 Retained earnings: Balance, beginning of year $1,462,000 Net Income 473,000 $1,935,000 Preferred dividends $27,420 Common dividends 79,580 107,000 Balance, end of year 1,828,000 $4,570,000 Total stockholders' equity $36,492,750 Sales $68,520 Interest expense > Assuming that total assets were $5.644.000 at the heainning of the current fiscal vear determine the following. When reouired, round to one du Check My Work 2 more Check My Work uses remaining. Common stock, $10 par (no change during year) 1,371,000 Retained earnings: Balance, beginning of year $1,462,000 Net Income 473,000 $1,935,000 Preferred dividends $27,420 Common dividends 79,580 107,000 Balance, end of year 1,828,000 Total stockholders' equity $4,570,000 Sales $36,492,750 Interest expense $68,520 Assuming that total assets were $5,644000 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 %