NASH COMPANY BALANCE SHEET DECEMBER 31, 2020 Cash $41,800 Accounts payable $79,400 Receivables 77,400 Mortgage payable 142,100 Inventory 87,300 Common stock ($1 par) 150,000 Plant assets (net) 241,500 Retained earnings 76,500 $448,000 $448,000 The net income for 2020 was $23,400. Assume that total assets are the same in 2019 and 2020. (a) Compute each of the following ratios. (Round answers to 2 decimal places, eg. 1.59 or 45.87%) $448,000 $448,000 The net income for 2020 was $23,400. Assume that total assets are the same in 2019 and 2020. (a) Compute each of the following ratios. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%.) (a) Current ratio (b) Acid-test ratio (c) Debt to assets ratio % (d) Return on assets %