1. The company's liabilities total $19,000 and its equity totals $40,000, then what must be the total of assets? a - $14,000 b - $40,000 C-$21,000 d - $59,000 2. The company's assets increased by $24,000 and equity increased by $5,000, then how did liabilities change? a - Increased by $19,000 b - Decreased by $19,000. c- Increased by $24,000 d - Decreased by $5,000 3. In a recent year's financial statements Home Depot reported the following results: Revenue total $71,288, Net Income total $ 2,260 and Average Total Assets $42,744. What is the return on assets? a-2% b- 3% C-5% d-6% 4. Assets total $100,000 and liabilities total $40,000. What is the debt ratio? a-60% b -40% C-25% d - 10%