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The following data were taken from the financial statements of Gates Inc. for the current fiscal year. Property, plant, and equipment ( net ) $

The following data were taken from the financial statements of Gates Inc. for the current fiscal year.
Property, plant, and equipment (net) $1,972,000
Liabilities:
Current liabilities $232,000
Note payable, 6%, due in 15 years 1,160,000
Total liabilities $1,392,000
Stockholders' equity:
Preferred $2 stock, $100 par (no change during year) $2,088,000
Common stock, $10 par (no change during year)2,088,000
Retained earnings:
Balance, beginning of year $2,228,000
Net income 762,000 $2,990,000
Preferred dividends $41,760
Common dividends 164,240206,000
Balance, end of year 2,784,000
Total stockholders' equity $6,960,000
Sales $17,058,100
Interest expense $69,600
Assuming that long-term investments totaled $4,176,000 throughout the year and that total assets were $7,934,000 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
1.7
b. Ratio of liabilities to stockholders' equity fill in the blank 2
0.2
c. Asset turnover fill in the blank 3
4.3
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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