The return on total assets? (Total assets at the beginning of last year were $2,570,000.)

The return on equity? (Stockholders equity at the beginning of last year was $1,563,000.)

The dividend payout ratio?

Paul Sabin organized Sabin Electronics 10 years ago to produce and sell several electronic devices which he had secured patents. Although the company has been fairly profitable, it is now experiencin severe cash shortage. For this reason, it is requesting a $590,000 long-term loan from Gulfport State Ba $145,000 of which will be used to bolster the Cash account and $445,000 of which will be used modernize equipment. The company's financial statements for the two most recent years follow: Sabin Electronics Comparative Balance Sheet This Year Last Year Assets Current assets 104,000 240,000 Cash Marketable securities 27.000 594,000 Accounts receivable, net 390,000 1,035,000 685,000 Inventory Prepaid expenses 26,000 31,000 1,759,000 Total current assets 1,373,000 Plant and equipment, net 1,751,000 1,420,000 Total assets $3,510,000 2,793,000 Liabilities and Stockholders Equity Liabilities: Current liabilities 845,000 520,000 700,000 700,000 Bonds payable, 12% 1,545,000 1,220,000 Total liabilities Stockholders' equity Common stock, $15 par 780,000 780,000 1,185,000 793,000 Retained earnings 1,965,000 Total stockholders' equity 1,573,000 $3,510,000 2,793,000 Total liabilities and equity