Assets $13, 125 Santos Tier I Center Balance Sheet December 31, 20- Liabilities Current liabilities: Accounts payable $10,500 Sales tax payable 825 Wages payable Total current liab Noncurrent liab: $. 91, 350 Mortgage payable Mortgage 55, 950 2,250 1.575 Current assets Cash Accounts receivable Merch, inventory Supplies Prepaid insurance Total current assets Equipment: Furniture and fixtures Less accum. depr. Total equipment $ 11, 625 12.650 Total liabilities $ 25, 275 $21,000 (6.0001 Stockholders' Equity Common stock Retained earnings Total liabilities and stockholders' equity 40,000 41.075 15,000 Total assets $106.350 $106.250 Additional information: Total stockholders' equity, January 1, 20- Accounts receivable, January 1, 20- Net income for 20- Merchandise inventory, January 1, 20- Net credit sales for 20- $ 71,250 19,650 21,600 60, 750 105,000 Required: You have been provided with the balance sheet for Santos Tier Center. Calculate the following ratios and round answers to two decimal places. a. Current ratio for 20- to 1 b. Return on stockholders' equity for 20- Accounts receivable turnover and average number of days the times receivables were on the books for 20- days d. Ratio of liabilities to stockholders' equity for 20- to 1