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The financial statements of Ridgeview Employment Services, Inc., reported the following accounts: (Click the icon to view the list of accounts.) (Click the icon to view the statement of stockholders' equity.) Read the requirements Ridgeview's total assets are $ 1,672,000 d. Net profit margin ratio (Enter your answer as a percentage rounded to the nearest whole percent.) Ridgeview's net profit margin ratio is 45 % e. Asset turnover (If averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a decimal rounded to two places, X.XX) Ridgeview's asset turnover is 1.00 f. Leverage ratio (If averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a decimal rounded to two places, XXX.) Ridgeview's leverage ratio is 1.64 g. Return on equity (if averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a percentage rounded to the nearest whole percent.) Ridgeview's return on equity is 75% What additional information do you need before you can use this data to make decisions? (if an input field is not used in the table, leave the field empty, do not make a selection) Comparative data for competitors. Prior year returns from the company Calculate the following for Ridgeview Employment Services: a. Net income Ridgeview's net income is $ 760,000 b. Total liabilities 1 Ridgeview's total liabilities are $ 655,000 c. Total assets (use the accounting equation) Ridgeview's total assets are $ 1,672,000 d. Net profit margin ratio (Enter your answer as a percentage rounded to the nearest whole percent.) Ridgeview's net profit margin ratio is 45 % e. Asset turnover (If averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a decimal rounded to two places, X.XX.) Ridgeview's asset turnover is 1.00 f. Leverage ratio (If averages are used in the formula, use the totals given or previously calculated instead. Enter your answer as a decimal rounded to two places, X.XX.) Ridgeview's leverage ratio is 1.64 The financial statements of Mountainview Employment Services, Inc., reported the following accounts: Click the icon to view the list of accounts.) (Click the icon to view the statement of stockholders' equity.) Read the requirements Calculate the following for Mountainview Employment Services: a. Net income Mountainview's net income is Data Table Paid-in capital in excess of par 338,000 Total revenues $ 1,740,000 Notes Payable (short-term) 70,000 Accounts payable 180,000 Common stock, $0.01 par Retained earnings 670,000 3,000 Other current liabilities 280,000 300,000 shares issued Long-term debt 28,000 Total expenses 1,040,000 Print Done Cater any number in the artit fields and then click Check Answer The financial statements of Mountainview Employment Services, Inc., reported the following accounts: B (Click the icon to view the list of accounts.) (Click the icon to view the statement of stockholders' equity) Read the requirements Calculate the following for Mountainview Employment Services: a. Net income Mountainview's net income is Reference Balance Sheet (Partial) Stockholders' Equity Common stock, $ 0.01 par. 300,000 shares issued $ 3,000 338,000 Paid-in capital in excess of par Total paid-in capital 341,000 Retained earnings 670,000 S 1,011,000 Total stockholders' equity Net income has already been closed to retained Earnings
