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(1) The total amount of working capital of Moss Systems is ? (2) The current ratio for Moss Systems is? (3) The return on asset

(1) The total amount of working capital of Moss Systems is ? (2) The current ratio for Moss Systems is? (3) The return on asset for Moss Systems is? (4) The debt to equity ratio for Moss Systems is?

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Use the following balance sheet and income statement to answer the question(s) below. Using ending balances whenever average balances are required for computing ratios. Moss Systems Balance Sheet December 31, 20xx Assets Liabilities Current Assets $6,000 Current liabilities $4,000 Investments 1,000 Long-term liabilities 1,000 Property, plant Total liabilities $5,000 and equipment 8,000 Intangible assets 5,000 Owner's Equity Diane Moss, Capital 15,000 Total Liabilities and Total assets $20,000 owner's equity $20,000 Moss Systems Income Statement For the Year Ended December 31, 20xx Net sales $24,000 Cost of goods sold 8,000 Gross Margin $16,000 Operating expenses 11, 200 Net income $4,800

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