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3. Use the following information to calculate the liquidity and profitability ratios listed below: Average stockholders equity $ 9,250 Average total assets $18,000 Current assets

3. Use the following information to calculate the liquidity and profitability ratios listed below: Average stockholders equity $ 9,250 Average total assets $18,000 Current assets $11,250 Current liabilities $7,500 Net Income $1,500 Net Sales $15,625 Total liabilities $8,750 a. Current ratio b. Working capital c. Return on equity d. Profit margin e. Debt to equity f. Return on assets g. Asset turnover

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