Question: BRIDGEPORT COMPANY BALANCE SHEET DECEMBER 31, 2020 $ 72,400 Cash $ 39,100 Accounts payable 143.000 Receivables 79.400 Mortgage payable Inventory 87.500 Common stock ($1 par)

BRIDGEPORT COMPANY BALANCE SHEET DECEMBER 31, 2020 $ 72,400 Cash $ 39,100 Accounts payable 143.000 Receivables 79.400 Mortgage payable Inventory 87.500 Common stock ($1 par) 147,300 Plant assets (net) 225,400 Retained earnings 68,700 $431,400 $ 431,400 The net income for 2020 was $ 25,500. Assume that total assets are the same in 2019 (a) Compute each of the following ratios. (Round answers to 2 decimal places, e.g. 1.59 or (a) Current ratio (b) Acid-test ratio (c) Debt to assets ratio % (d) Return on assets %

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