L05-6 BRIEF EXERCISE 5.8 Profitability and Liquidity Measures Cat Fancy, Inc., has provided the following information from its most current financial statements. Total revenue..... Total expenses.... Total current assets. ... Total current liabilities.. Total stockholders' equity, previous year Total stockholders' equity, current year.. a. Compute the company's net income percentage in the current year. b. Compute the company's return on equity in the current year. Compute the company's current ratio at December 31, current year. $150,000 96,000 38,400 9,600 88,800 91,200