Current Attempt in Progress Monty Company has been operating for several years, and on December 31, 2017, presented the following balance sheet. MONTY COMPANY BALANCE SHEET DECEMBER 31, 2017 Cash Receivables $21,300 Accounts payable $64,000 110,000 Long-term notes payable 215,000 Inventory 69,000 Common stock (no par) 130,000 Plant assets (net) 348,000 Retained earnings 139,300 $548,300 $548,300 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%.) (a) Current ratio (b) Acid-test ratio (c) Debt to assets ratio % (d) Return on assets %