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Six Measures of Solvency or Profitability The following data were taken from the financial...

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Accounting

Six Measures of Solvency or Profitability
The following data were taken from the financial statements of Loveseth Inc. for the current fiscal year.
Property, plant, and equipment (net) $1,038,000
Liabilities:
Current liabilities $139,000
Note payable, 6%, due in 15 years 692,000
Total liabilities $831,000
Stockholders' equity:
Preferred $2 stock, $100 par (no change during year) $831,000
Common stock, $10 par (no change during year)831,000
Retained earnings:
Balance, beginning of year $886,000
Net income 323,000 $1,209,000
Preferred dividends $16,620
Common dividends 84,380101,000
Balance, end of year 1,108,000
Total stockholders' equity $2,770,000
Sales $23,523,700
Interest expense $41,520
Assuming that total assets were $3,421,000 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=
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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