accounting
Use the following information to calculate the liquidity and profitability ratios listed below. Round to two decimal places.
Average owner's equity | $14,000 |
| Net income | $ 2,100 |
Average total assets | 21,000 |
| Net sales | 17,500 |
Current assets | 15,000 |
| Total liabilities | 10,500 |
Current liabilities | 10,000 |
|
|
|
a. Current ratio
b. Working capital
c. Return on equity
d. Profit margin
e. Debt to equity ratio
f. Return on assets
g. Asset turnover
10 years ago
5
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