Use the Following Information to Calculate the Liquidity and Profitability

question 18

Essay

Use the following information to calculate the liquidity and profitability ratios listed below.Round to two decimal places.
$$\begin{array} { l r l r } \text { Average stockholders' equity } & \$ 14,000 & \text { Net income } & \$ 2,100 \\\text { Average total assets } & 21,000 & \text { Net sales } & 17,500 \\\text { Current assets } & 15,000 & \text { Total liabilities } & 10,500 \\\text { Current liabilities } & 10,000 & &\end{array}$$ .
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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