NEED HELP WITH THE FOLLOWING RATIOS:

CURRENT RATIO = CURRENT ASSEST/CURRENT LIABILITIES ?

DEBT TO TOTAL ASSETS =TOTAL LIABILITIES / TOTAL ASSESTS ?

RETURN ON COMMON STOCKHOLDERS' EQUITY?

Continuing Cookie Chronicle Continuing Cookie Chronicle (Note: This is a continuation of the Cookie Chronicle from Chapters 1 through 12.) CCC13 The Comparative balance sheet of Cookie 8; Coffee Creations Inc. at October 31, 2014 for the years 2014 and 2013. and the income statements for the years ended October 31, 2013 and 2014, are presented below. COOKIE & COFFEE CREATIONS INC. Balance Sheet October 31 Assets _39_1ri_ 2013 Cash 36 22,324 $ 5.550 Accounts receivable 3,250 2,710 Inventory 7,897 7,450 Prepaid expenses 5,800 6,050 Equipment 102,000 75,500 Accumulated depreciation (25.200) (9.100) Total assets $116,071 $88,160 Liabilities and Stockholders' Equity Accounts payable $ 1,150 $ 2,450 Income taxes payable 9,251 7.200 Dividends payable 27,000 27,000 Salaries payable 7,250 1.280 Interest payable 188 0 Note payablecurrent portion 4,000 0 Note payablelongtenn portion 6,000 0 Preferred stock, no par, $6 cumulative 3,000 and 2,300 shares issued, respectively 15 .000 14.000 Common stock, $1 par25,180 shares issued 25.180 25.180 Additional paid in capitaltreasury stock 250 250 Retained earnings 20,802 10,800 Total liabilities and stockholders' equity $116,071 $88.160 COOKIE & COFFEE CREATIONS INC. Income Statement Year Ended October 31 2014 2013 Sales $485,625 $462,500 Cost of goods sold 222,694 208,125 Gross prot 262,931 254,375 Operating expenses Salaries and wages expense 147,979 146,350 Depreciation expense 17, 600 9,100 Other operating expenses 48,186 42,925 Total operating expenses 213,765 198,375 Income from operations 49,166 56,000 Other expenses Interest expense 413 0 Loss on sale of computer equipment 2,500 0 Total other expenses 2.913 0 Income before income tax 46,253 56,000 Income tax expense 9,251 14,000 Net income $ 3 7,002 $ 42,000