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The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year. Property, plant, and equipment (net) $1,910,800 Liabilities: Current

The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year.

Property, plant, and equipment (net) $1,910,800
Liabilities:
Current liabilities $226,000
Note payable, 6%, due in 15 years 1,124,000
Total liabilities $1,350,000
Stockholders' equity:
Preferred $4 stock, $100 par (no change during year) $1,350,000
Common stock, $10 par (no change during year) 1,350,000
Retained earnings:
Balance, beginning of year $1,440,000
Net income 589,000 $2,029,000
Preferred dividends $54,000
Common dividends 175,000 229,000
Balance, end of year 1,800,000
Total stockholders' equity $4,500,000
Sales $23,954,700
Interest expense $67,440

Assuming that total assets were $5,557,000 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 fill in the blank 1
b. Ratio of liabilities to stockholders' equity fill in the blank 2
c. Asset turnover fill in the blank 3
d. Return on total assets fill in the blank 4%
e. Return on stockholders equity fill in the blank 5%
f. Return on common stockholders' equity fill in the blank 6

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