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Use the Following Information to Calculate the Liquidity and Profitability

question 116

Essay

Use the following information to calculate the liquidity and profitability ratios listed below.Round to two decimal places.
 Average stockholders equity $14,000 Net mcome $2,100 Average total assets 21,000 Net sales 17,500 Current assets 15,000 Total liabilities 10,500 Current liabilities 10,000\begin{array}{lrlr}\text { Average stockholders equity } & \$ 14,000 & \text { Net mcome } & \$ 2,100 \\\text { Average total assets } & 21,000 & \text { Net sales } & 17,500 \\\text { Current assets } & 15,000 & \text { Total liabilities } & 10,500 \\\text { Current liabilities } & 10,000 & &\end{array}
a. Current ratio
b. Working capital
c. Return on equity
d. Profit margin
e. Debt to equity
f. Return on assets
g. Asset turnover


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