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QUESTION

The following data were taken from the financial statements of Heston Enterprises Inc. for the current fiscal year.

The following data were taken from the financial statements of Heston Enterprises Inc. for the current fiscal year. Assume that long-term investments totaled $2,100,000 throughout the year and that total assets were $4,000,000 at the beginning of the year.Property, plant, and equipment (net).......$1,600,000Liabilities:Current liabilities..........................$200,000Mortgage note payable, 10%, issued 1999, due 2015.......................................1,000,000 Total liabilities.........$1,200,000Stockholders' equity:Preferred $10 stock, $100 par (no change during year).......................$1,000,000Common stock, $10 par (no change during year)..1,000,000Retained earnings:Balance, beginning of year.....$800,000Net income......................400,000 $1,200,000Preferred dividends.............$100,000Common dividends................100,000 200,000Balance, and of year.............................1,000,000Total stockholders' equity $3,000,000net sales........................$10,000,000Interest expense.................$100,000Determine the following: (a) ratio of fixed assets to long-term liabilities, (b) ratio of liabilities to stockholders' equity, (c) ratio of net sales to assets, (d) rate earned on total assets, (e) rate earned on stockholders' equity, and (f) rate earned on common stockholders' equity. When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities:1.6 b. Ratio of liabilities to stockholders' equity: 0.4c. Ratio of net sales to assets: 5But I don't know D,E,and F I Have tried .1,.1 and .4 but didn't workd. Rate earned on total assets: e. Rate earned on stockholders' equity: f. Rate earned on common stockholders' equity:"

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