b. Days' sales in averag PeteivabIO Compute and interpret debt ratio (Learning Objective 4) Refer to the Cartwright's Data Set. a. Compute the debt ratio at December 31, 2017. b. Is Cartwright's ability to pay its liabilities strong or weak? Explain your 14-8 Compute profitability ratios (Learning Objective 4) Use the Cartwright's Data Set to compute these profitability measures for 2017 a. Gross profit percentage b. Operating income percentage c. Rate of return on net sales d. Rate of return on total assets e. Rate of return on common stockholders' equity S14-9 Are these rates of return strong or weak? b. Days' sales in averag PeteivabIO Compute and interpret debt ratio (Learning Objective 4) Refer to the Cartwright's Data Set. a. Compute the debt ratio at December 31, 2017. b. Is Cartwright's ability to pay its liabilities strong or weak? Explain your 14-8 Compute profitability ratios (Learning Objective 4) Use the Cartwright's Data Set to compute these profitability measures for 2017 a. Gross profit percentage b. Operating income percentage c. Rate of return on net sales d. Rate of return on total assets e. Rate of return on common stockholders' equity S14-9 Are these rates of return strong or weak