The following information pertains to Carlton Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets $ 40,000 25,000 20,000 210.000 $295.000 Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity common Total Liabilities and stockholders' equity 60,000 85,000 150.000 $295.000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income $ 85,000 45.000 40,000 20.000 $ 20.000 6,000 Number of shares of common stock Market price of common stock Dividends per share Cash provided by operations $20 0.90 $30,000 11. What is the current ratio for this company? Round your answer to one decimal point. a. 0.60 b. 1.16 c. 0.80 d. 1.42 12. What is the return on common stockholders' equity for this company? Round your answer to one decimal point. a. 5.0% b. 13.3% c. 53.3% d. 23.3%