Shown below are data taken from a recent annual report of Reebok International Ltd. (Dollar amounts in millions.)

January 1, December 31,

2017 2017

Balance sheet data:

Current assets...........................$ 714 $ 784

Total assets.............................. 1,063 1,166

Current liabilities....................... 256 203

Total liabilities......................... 372 322

Total stockholders' equity......... 691 844

Income statement data:

Net sales..............................................$1,822

Gross profit.......................................... 750

Operating income 293

Net income............................................. 175

Based upon the above information, indicate the best answer in the space

provided.

The current ratio at December 31, 2017 (rounded to the nearest tenth) is:

a. 2.4 to 1. C. 3.9 to 1.

b. .7 to 1. D. none

The gross profit rate for the year (rounded to the nearest 1 percent) was:

a. 41%. c. 64%.

b. 59%. d. none

The return on average total assets during the year (rounded to the nearest percent) was:

a. 16%. c. 67%.

b. 26%. d. none

The return on average total stockholders' equity during the year

(rounded to the nearest 1 percent) was:

a. 98%. c. 23%.

b. 38%. d. none