. Credit Card of America (CCA) has a current ratio of 3.5 and a quick ratio of 3.0. If its total current assets equal $73,500, what are CCAs (a) current liabilities and (b) inventory?

4. At the end of the year, Wrinkle Free Laundry (WFL) had $150,000 in total assets. (a) If WFLs total assets turnover was 2.0, what were its sales revenue? (b) If WFLs return on assets was 6 percent, what were its net income and net profit margin?