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Given the following information, answer the questions below: Balance Sheet Information : $200,000 Current Assets $195,000 Current Liabilities $500,000 Total Assets $375,000 Total Liabilities Income

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Given the following information, answer the questions below: Balance Sheet Information : $200,000 Current Assets $195,000 Current Liabilities $500,000 Total Assets $375,000 Total Liabilities Income Statement Information: Total Revenue: $300,000 $35,000 Net Income: 15. Calculate the current ratio. What does this number mean? 3 points 16. Calculate the solvency ratio. What does this number mean? 3 points 17. Calculate the profit margin as a % of revenue. What does this number mean? 3 points

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