The Fisher Apparel Company balance sheet for the year ended 2006 is as follows:

a. What is Fisher's investment in current assets?
b. Determine Fisher's working capital investment.
c. Determine Fisher's current ratio.
d. Determine Fisher's return on stockholders' equity if its 2006 earnings after tax are$10,000(000).

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December 3, 2006 in Thousands of Dollars Assets Cash Marketable securities Accounts receivable Inventories Pla $3,810 2.700 27.480 41,295 $64.650 nt and equipment Less Accumulated depreciation 17.100 Net plant and equipment 47.550 Total assets $122,835 Liabilities and Stockholders' Equity Accounts payable Current portion of long-term debt Accrued wages Accrued taxe Other current liabilities Long-term debt Common stock ($10 par) Capital contributed in excess of par Retained earnings $ 14,582 3,000 1,200 3.600 2,200 33,000 9,500 15,000 30,753 22,835 Total liabilities and stockholders' equity