The financial statements of Ridgeline 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 Ridgeline Employment Services: a. Net income Ridgeline's net income is 1 Data Table $ Paid-in capital in excess of par Notes Payable (short-term) Common stock, $0.01 par 600,000 shares issued 334,000 Total revenues 50,000 Accounts payable Retained earnings 6,000 Other current liabilities 25,000 Total expenses $ 1,600,000 100,000 660,000 200,000 1,000,000 Long-term debt i Requirements X c. Using only year-end figures rather than averages, calculate the following for Ridgeline: a. Net income b. Total liabilities 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? - Reference $ 0.01 par, 600,000 shares issued Balance Sheet (Partial) Stockholders' Equity: Common stock, Paid-in capital in excess of par Total paid-in capital Retained earnings 6,000 334,000 340,000 660,000 1,000,000 $ Total stockholders' equity Net income has already been closed to Retained Earnings