2020		2019
	Name of Ratio	Calculation	Ratio	Calculation	Ratio
1	Current ratio	39271 48839	0.80	21760 37930	0.57
2	Debt to total assets	54839 116071	47.20%	37,930 88160	43%
3	Gross profit rate	262931 254375	54.10%	254375 462500	55.00%
4	Profit margin	37002 485625	7.60%	42000 462500	9.10%
5	Return on assets	37002 102116	36.2%	42000 60670	69.2%
6	Return on common stockholders' equity	(37002 - 18000) 55731	34.1%	(42000 - 16800) 36705	68.7%

(a) Comment your finds from the above ratios.

(b) What impact would borrowing an additional $20,000 to buy more equipment have on each of the ratios in (a) above, assuming that no changes are expected on the income statement and balance sheet? Comment on your findings.