The balance sheet and the statement of profit or loss for MobileNet are presented below.
a. Calculate the following:
i. The current ratio
ii. The return on assets (use year-end figures)
iii. The return on shareholders’ funds (owner’s equity; use year-end figures)
iv. The debt to equity ratio.
b. Prepare a presentation on the financial analysis conducted, commenting on the performance and position of MobileNet.

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Assets Current assets MobileNet Balance sheet as at 30 June 2016 Investments Property, plant and equipment Intangible assets Total assets Liabilities Current liabilities Long-term liabilities Total liabilities Owner's equity M. Phone capital Total liabilities & owner's equity $20 000 5000 32000 15 000 $72000 $ 9000 16000 $25 000 47 000 $72 000