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A company has the following financial data. Calculate the following ratios: (a) Current Ratio, (b) Quick Ratio, (c) Debt to Equity Ratio, and (d) Return

A company has the following financial data. Calculate the following ratios: (a) Current Ratio, (b) Quick Ratio, (c) Debt to Equity Ratio, and (d) Return on Equity.

  • Current Assets: $150,000
  • Inventory: $40,000
  • Current Liabilities: $100,000
  • Total Liabilities: $200,000
  • Shareholders' Equity: $300,000
  • Net Income: $50,000

Requirements:

  1. Calculate the Current Ratio.
  2. Calculate the Quick Ratio.
  3. Calculate the Debt to Equity Ratio.
  4. Calculate the Return on Equity.

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