RECOMMENDED!!The following data were taken from the financial statements

  

Six Measures of Solvency or ProfitabilityThe following data were taken from the financial statements of Olvideo Enterprises Inc. for the current fiscal year.Property, plant, and equipment (net) $1,092,600Liabilities: Current liabilities $122,000 Mortgage note payable, 8%, issued 2005, due 2021 607,000 Total liabilities $729,000Stockholders’ equity: Preferred $2 stock, $100 par (no change during year) $546,750 Common stock, $10 par (no change during year) 546,750Retained earnings: Balance, beginning of year$584,000 Net income221,000 $805,000 Preferred dividends$10,935 Common dividends65,065 76,000 Balance, end of year 729,000Total stockholders’ equity $1,822,500Sales $6,664,625Interest expense $48,560Assuming that long-term investments totaled $1,276,000 throughout the year and that total assets were $2,424,000 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 liabilitiesb.Ratio of liabilities to stockholders’ equityc.Ratio of sales to assetsd.Rate earned on total assets %e.Rate earned on stockholders’ equity %f.Rate earned on common stockholders’ equity %