Please answer within the hour

1a. A corporation reports the following year-end balance sheet data. Equipment is considered to be a long-term asset. The company's working capital equals:

Cash	$	47,000		Current liabilities	$	82,000
Accounts receivable		62,000		Long-term liabilities		42,000
Inventory		67,000		Common stock		107,000
Equipment		152,000		Retained earnings		97,000
Total assets	$	328,000		Total liabilities and equity	$	328,000

Working Capital Ratio = Current Assets Minus Current Liabilities

Group of answer choices

$328,000

$176,000

$94,000

$204,000

$82,000

1b. A corporation reports the following year-end balance sheet data. Equipment is considered to be a long-term asset. The company's debt-to-equity ratio equals:

Cash	$	60,000		Current liabilities	$	94,000
Accounts receivable		74,000		Long-term liabilities		22,000
Inventory		79,000		Common stock		119,000
Equipment		164,000		Retained earnings		142,000
Total assets	$	377,000		Total liabilities and equity	$	377,000

Debt to Equity Ratio = Total Liabilities / Total Shareholders' Equity

1.43

0.31

0.69

0.44

2.27

1c. Selected current year company information follows:

Net income	$	17,353
Net sales		726,855
Total liabilities, beginning-year		97,932
Total liabilities, end-of-year		117,201
Total stockholders' equity, beginning-year		212,935
Total stockholders' equity, end-of-year		142,851

The return on assets is: (Do not round intermediate calculations.)

Return on Assets Ratio = Net Income / Average Total Assets

2.34%.

2.80%.

6.08%.

2.55%.

2.39%.