150,000 Please use the financial statements below for the next two questions. Key Numbers from Pamela's Pigments Balance Sheet (11/1/2020 Accounts Receivable 100.000 Inventory Total Assets 700,000 Accounts Payable 100,000 Total Liabilities 400,000 Total Equity 250,000 Pamela's Pigments Balance Sheet (11/1/2021) Assets Llabilities Current Assets CL.hr Cash Accounts Payable 200,000 Accounts Reccivable 150.000 Leere Pavable 90.000 Invculory 50.000 Texus Payable 10.000 Prepaid expenser 10 The Currently 300.000 Tonal Careers 401 Long Term Liabilities Lank loan 250,000 Equipment SOLO Total Long Term hier 250,00 Less: Accumulated Depreciation (50,000) Total Liabilities 550,000 Tool Fred Assets 500.00 Owners' Equity Other Assets 0 Cootributed Capital 150,000 Retained Earnings 200,000 Total Assets 1,000,000 Tetal Owners' Equity 350,000 LCML Pamela's Pigments Income Statement (Year Ended 11/1/20211 Sales Revenue 1,500,000 Less: Sales Returns and Allowances (500,000) Net Sales 1,000,000 Cost of Goods Sold 300,000 Gross Profit 700,000 Operating Expenses Selling Expense 200,000 Administrative Expenses 300,000 Total Operating Expenses 500,000 Operating Income (EBIT) 200,000 Financial Expense 50,000 Earnings Before Taxes 150,000 Income Taxes 50,000 Net Profit 100,000 Question 16 3 pts What is Pamela's Pigments' Debt/Assets Ratio (As of 11/1/2021? Question 17 3 pts What is Pamela's Pigments' Return on Assets