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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 ) $
The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year.
Property, plant, and equipment net $
Liabilities:
Current liabilities $
Note payable, due in years
Total liabilities $
Stockholders' equity:
Preferred $ stock, $ par no change during year $
Common stock, $ par no change during year
Retained earnings:
Balance, beginning of year $
Net income $
Preferred dividends $
Common dividends
Balance, end of year
Total stockholders' equity $
Sales $
Interest expense $
Assuming that total assets were $ at the beginning of the current fiscal year, determine the following: When required, round to one decimal place.
a Ratio of fixed assets to longterm 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:
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