This problem continues the Daniels Consulting situation from Problem P16-46 of Chapter 16. Assuming Daniels Consulting's net income for the year was $90,537 and knowing that the current market price of Daniels's stock is $200 per share, calculate the following ratios for 2017 for the company:
a. Current ratio
b. Cash ratio
c. Debt ratio
d. Debt to equity ratio
e. Earnings per share
f. Price/earnings ratio
g. Rate of return on common stockholders' equity

DANIELS CONSULTING Comparative Balance Sheet December 31, 2017 and 2016 2017 2016 Assets Current Assets: Cash Accounts Receivable Office Supplies $1.457,524 $31,700 700 50 25,700 2,150 Long-term Assets Plants Assets 84,800 (1,696) S 1,568,478 4,800 (80) 37,170 Accumulated Depreciation-Plant Assets Total Assets Liabilities Current Liabilities: Accounts Payable Salaries Payable Unearned Revenue Interest Payable S 7,300 4,100 467 1,600 1,800 25,000 Long-term Liabilities Notes Payable Bonds Payable Discount on Bonds Payable 500,000 900,000 (100,862) 1,333,238 Total Liabilities 6,167 Stockholders' Equity Common Stock, $1 par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 115,240 120,000 235,240 1,568,478 240 30,763 31,003 37,170