Exercise 13-17 Carla Company has been operating for several years, and on December 31, 2017, presented the following balance sheet. CARLA COMPANY BALANCE SHEET DECEMBER 31, 2017 Cash Receivables Inventory Plant assets (net) $42,400 70,400 101,900 235,700 $450,400 Accounts payable Mortgage payable Common stock ($1 par) Retained earnings $73,200 128,200 153,200 95,800 $450,400 The net income for 2017 was $22,600. 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