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Refer to the data in S10-8. Using only year-end figures rather than averages, compute the following for Ridgeview Employment Services:n n a. Net incomen n

Refer to the data in S10-8. Using only year-end figures rather than averages, compute the following for Ridgeview Employment Services:n
n
a. Net incomen
n
b. Total liabilitiesn
n
c. Total assets (use the accounting equation)n
n
d. Net profit ration
n
e. Asset turnovern
n
f. Leverage ration
n
g. Return on equityn
n
What additional information do you need before you can use this data to make decisions?n

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