Question the subsequent data were taken from the financial

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Question :

The subsequent data were taken from the financial statements of Whiting Enterprises Inc. for the current fiscal year. Consider that long-term investments totaled $1,000,000 for the past two years and that net assets were $14,400,000 at the starting of the year.

Evaluate 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. Round to one decimal place.

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 %

f. Rate earned on common stockholders' equity %

Reference no: EM13349632

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