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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) $1,283,100 Liabilities: Current

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

Property, plant, and equipment (net) $1,283,100
Liabilities:
Current liabilities $198,000
Note payable, 6%, due in 15 years 987,000
Total liabilities $1,185,000
Stockholders' equity:
Preferred $2 stock, $100 par (no change during year) $888,750
Common stock, $10 par (no change during year) 888,750
Retained earnings:
Balance, beginning of year $948,000
Net income 414,000 $1,362,000
Preferred dividends $17,775
Common dividends 159,225 177,000
Balance, end of year 1,185,000
Total stockholders' equity $2,962,500
Sales $17,388,125
Interest expense $59,220

Assuming that total assets were $3,940,000 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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