S10-14 (similar to) The financial statements of Valleyview 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. Data Table Calculate the following for Valleyview Employment Services: 1 a. Net income Paid-in capital in excess of par $ 346.000 Total revenues $ 1,800,000 Valleyview's net income is Notes Payable (short-term) 60,000 Accounts payable 120.000 Common stock. $0.01 par Retained earnings Requirements 668.000 1,100,000 shares issued 11.000 Other current liabilities 300.000 Long-term debt 24,000 Total expenses 1.100.000 Using only year-end figures rather than averages, calculate the following for Valleyview a. Net income Reference b. Total liabilities c. Total assets (use the accounting equation) d. Net profit margin ratio e. Asset turnover f. Leverage ratio g. Return on equity What additional information do you need before you can use this data to make decisions? Balance Sheet (Partial) Stockholders' Equity Common stock, $ 0.01 par 1,100,000 shares issued $ 11.000 346.000 Paid-in capital in excess of par 357,000 Total paid-in capital 668.000 Retained earnings Print Done $ 1,025,000 Total stockholders' equity Net income has already been closed to Retained Earnings Print Done