Cat Fancy, Inc., has provided the following information from its most current financial statements:
Total revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $125,000
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80,000
Total current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .32,000
Total current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8,000
Total stockholders' equity, January 1, 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74,000
Total stockholders' equity, December 31, 2015 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76,000
a. Compute the company's net income percentage in 2015.
b. Compute the company's return on equity in 2015.
c. Compute the company's current ratio at December 31, 2015.