Culver Company has been operating for several years, and on December 31,2017 , presented the following balance

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Culver Company has been operating for several years, and on December 31,2017 , presented the following balance sheet. The net income for 2017 was $43,000. Assume that total assets are the same in 2016 and 2017. Compute each of the following ratios. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%. )

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Culver Company has been operating for several years, and on December 31,2017 , presented the following balance

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