What is the debt to assets ratio for 2012 (rounded to two decimal places)? Xavier Company reported the following income statement and balance sheet amounts on December 31, 2013. 2013 2012 Net sales revenue (all credit) $1,700,000 Cost of goods sold 1,040,000 Gross margin 660,000 Selling and general expenses 420,000 Interest expense 60,000 Net income $ 180,000 Current assets $ 100,000 $ 90,000 Long-term assets 830,000 800,000 Total assets $930,000 $890,000 Current liabilities $ 72,000 $ 56,000 Long-term liabilities 204,000 390,000 Common stockholders equity 654,000 444,000 Total liabilities and stockholders' equity $930,000 $890,000 Inventory and prepaid expenses account for $50,000 of the 2013 current assets. Average inventory for 2013 is $36,000. Average net accounts receivable for 2013 is $62,000. Average one-day sales are $5,900. There are 12,000 shares of common stock outstanding at the end of 2013. The market price per share of common stock is $27 at the end of 2013. The EPS for 2013 is equal to $1.50 per share.

A.0.30

B.0.50

C.2.00

D.2.05

E.None of the answer choices is correct.

Savanah Company reported the following amounts of net income. Year 1 $50,000 Year 2 $70,000 Year 3 $56,000 Which of the following is the percentage change in net income from Year 2 to Year 3?

A.25.0%
B.(30.0%)
C.20.0%
D.(20.0%)
E.None of the answer choices is correct.