Using the following amounts taken from the balance sheet and income statement of a business,compute the measures listed below.After each answer,write "L" if it is a measure of liquidity or "P" if it is a measure of profitability.Round to two decimal places.
a.Current ratio
b.Return on equity
c.Return on assets
d.Working capital
Definitions:
Individual Psychology
A psychological framework established by Alfred Adler, focusing on the uniqueness of each person and their drive towards personal goals and societal contribution.
Fictional Finalism
The idea that there is an imagined or potential goal that guides our behavior.
Social Inequality
A condition where societal resources and opportunities are distributed unevenly among different groups.
Firmly Crystallized
Describes something that is solidly formed or fully developed, often used metaphorically to describe ideas or beliefs.
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