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The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. Assuming that there are no intangible assets.

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The following data were taken from the financial statements of Woodwork Enterprises Inc. for the current fiscal year. Assuming that there are no intangible assets. Property, plant, and equipment (net) $1,757,200 Liabilities: Current liabilities $154,000 Mortgage note payable, 10%, ten-year note issued two years ago 764,000 Total abilities $918,000 Stockholders' equity: Preferred $2 stock, $100 par (no change during year) Common stock, $10 par (no change during year) Retained earnings: $918,000 918,000 > Balance, beginning of year $980,000 Net Income 403,000 $1,383,000 Preferred dividends $18,360 Common dividends 140,640 159,000 Balance, end of year 1,224,000 Total stockholders' equity $3,060,000 Sales $9,447,500 Interest expense $101,205 Beginning-of-the-year amounts: Property, plant, and equipment (net) $ 1,989,000 Total assets 3.779.000 Net income 403,000 $1,383,000 Preferred dividends $18,360 140,640 159,000 Common dividends Balance, end of year Total stockholders' equity 1,224,000 $3,060,000 Sales $9,447,500 Interest expense $101,205 Beginning-of-the-year amounts: Property, plant, and equipment (net) $ 1,989,000 Total assets 3,779,000 Retained earnings 980,000 Determine the following: (a) debt ratio, (b) ratio of fixed assets to long-term liabilities, (c) ratio of liabilities to stockholders" (9) return on common stockholders' equity. Round to two decimal places. a. Debt ratio 23.1 % b. Ratio of fixed assets to long-term liabilities Ratio of liabilities to stockholders' equity 0.30 d. Asset turnover e. Return on total assets f. Return on stockholders' equity 9. Return on common stockholders' equity C. IIII. % % %

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