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Please answer the following questions: A , B , C , D , E , F , G and H Problem 1 : SUMMARY BALANCE

Please answer the following questions: A,B,C,D,E,F,G and H
Problem 1:
SUMMARY BALANCE SHEET
ASSETS LIABILITIES & SH EQUITY
Cash & Equivalents $2,000 Accounts Payable $6,000
Accounts Receivable 7,000 Notes Payable 4,000
Inventory 5,000 Current Liabilities $10,000
Current Assets $14,000
Prepaid Expense $2,000 Long-term Debt $9,000
P, P & E (net) $20,000 SH Equity $17,000
Total Assets $36,000 Total Liab & SH Eq $36,000
SUMMARY OPERATING PERFORMANCE
Sales $50,000
Net Income 5,400
Dividends Paid 1,350
Given the following information, calculate:
(a) current ratio
(b) quick/acid-test ratio
(c) Total debt or leverage ratio
(d) Return on Assets
(e) Net Margin
(f) Return on Equity
(g) Asset Turnover
(h) Earnings Retention Ratio

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