Chapter $3$ HW Ratio Analysis $$ Utilize the following information to complete the questions below: $$ Cost of Food Sales$$ $$470,000$ Cost of Beverage Sales$$ $$72,500$ Food Sales$$ $$1,650,000$ Beverage Sales$$ $ $287,125$ Current Assets$$ $$247,000$ Total Assets$$ $$655,000$ Current Liabilities$$ $$242,000$ Total Equity$$ $$278,525$ Net Income$$ $$213,635$ Total Long Term Liab.$$ $$335,000$ Current Ratio: $1\mathrm{.}0$ Debt to Equity Ratio: $1\mathrm{.}20$ Food Cost $(\%)$: $28\mathrm{.}5\%$ Beverage Cost $(\%)$: $25\mathrm{.}3\%$ Return on Assets $(\%)$: $32\mathrm{.}6\%$