E7A. BUSINESS APPUCATION > A company's simplificd babnce shect and income statement follow. Total assets and owner's equity at the beginning of 2014 were $180,000 and $140,000, respectively. The owner made no investments or withdrawals during the year. 1. Compute the following liquidity measures: (a) working capital and (b) current ratio. (Round to one decimal place.) 2. Compute the following profitability measures: (a) profit margin, (b) asset turnover, (c) return on assets, (d) debt to equity ratio, and (c) return on equity. (Round to one decimal place.)