Question: six measures of solvency or profitability the following data were...
Six Measures of Solvency or Profitability
The following data were taken from the financial statements of Olvideo Enterprises Inc. for the current fiscal year.
|Property, plant, and equipment (net)||$1,173,200|
|Mortgage note payable, 8%, issued 2005, due 2021||838,000|
|Preferred $2 stock, $100 par (no change during year)||$1,005,000|
|Common stock, $10 par (no change during year)||1,005,000|
|Balance, beginning of year||$1,072,000|
|Balance, end of year||1,340,000|
|Total stockholders' equity||$3,350,000|
Assuming that long-term investments totaled $2,178,000 throughout the year and that total assets were $4,137,000 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. Ratio of sales to assets|
|d. Rate earned on total assets||%|
|e. Rate earned on stockholders' equity||%|
|f. Rate earned on common stockholders' equity||%|