Using the financial statements prepared in part a, briefly evaluate the company's profitability and liquidity. (Omit the "$" sign in your response.) For the year ended December 31, 2011, the company generated net income of $ on $ sales. Thus, net income as a percentage of sales was approximately % (Round your answer to 1 decimal place. Omit the "%" sign in your response.). Moreover, the $ profit represented a return on stockholders' equity of approximately % (Round your answer to 1 decimal place. Omit the "%" sign in your response.), which is a fairly strong return on investment. The company's balance sheet at December 31, 2011, reports cash and accounts receivable totaling $ . It also reports various payables (liabilities) totaling $ . Depending on when the $ note payable reported in the balance sheet is due, the company may be extremely liquid. If this obligation is not due in the near future, the company has $ in cash and accounts receivable to cover obligations of only $ . Even if this note is due shortly, the company still appears to be liquid