A condensed balance sheet and other financial data for Alpha Company appear below ALPHA COMPANY Balance Sheet December 31, 19X1 ASSETS Curret Assets $ 100,000 Plant Assets 140,000 Total Assets $ 250,000 LIABIKITIES AND STOCJHOLDERS EQUITY Current Liabilities $ 100,000 Long Term Liabilities 75,000 Total Liabilities $ 175,000 Stockholders Equity 75,000 Total Liablilities and Stockholders Equity $ 250,000 Income Statement Data Net Sales $ 375,000 Interest Expense 4,000 Net Income 22,500 The following account balance existed at December 31, 19x0 : Total Assets, $ 200,000; Stockholders Equity $ 65,000. The tax rate is 35 percent. Industry norms as of December 31, 19x1 were : Debt-equity ratio Profit margin Return on total assets Return on stockholders equity Total asset turnover Calculate and evaluate the following ratios for Alpha Company as of December 31, 19x1 : (a) Debt equity ratio (b) Profit margin (c) Return on total assets (d) Total asset turnover