a. Calculate working capital, the current ratio, and the acid-test ratio as of the most recent balance sheet date b. Based on your calculations in part a, assess the company's overall liquidity position. Explain which ratios indicate particular strengths and/or weaknesses within the company. Assume the following industry averages: current ratio 2.0; acid- test 1.6 c. Explain how working capital and the current ratio are related. Would you expect a company with a large amount of working capital to always have a high current ratio? d. Calculate ROl, showing margin and turnover, for the most recent year. e. Calculate ROE for the most recent year. f. Calculate the price/earnings ratio for the most recent year, using the company's year-end market price per share of common stock in the numerator and diluted earnings per share in the denominator g. Calculate the dividend payout and dividend payout and dividend yield ratios for the most recent year. h. Based on the results of your calculations in parts d, e, and f, assess the company's overall profitability Explain which ratios indicate particular strengths and/or weaknesses within the company. Assume the following industry averages: ROI-15%; margin- 10%; turnover-1.5: ROE-20%; price/earnings- 14.0; dividend payout-40%; dividend yield-5% i. As an investor in this company's stock, would you be pleased with this year's dividend yield? How would your dividend yield "expectations" change, if at all, if the company's ROI was 5% higher? Explain j. Calculate the debt ratio and the debt/equity as of the most recent balance sheet date