The simplified balance sheet and income statement for Bali Corporation are as follows:

Total assets and shareholders' equity at the start of \(20 \mathrm{xx}\) were 360,000 and 280,000 , respectively.
1. Calculate the following liquidity measures:

(a) working capital and

(b) current ratio.
2. Calculate the following profitability measures:

(a) profit margin,

(b) asset turnover,

(c) return on assets,

(d) debt to equity, and

(e) return on equity.

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Bali Corporation Balance Sheet December 31, 20xx Assets Liabilities Current Assets 100,000 Current Liabilities 40,000 Investments 20,000 Long-Term Liabilities 60,000 Property, Plant, and Total Liabilitics 100,000 Equipment 293,000 Intangible Assets 27,000 Shareholders' Equity Total Assets 440,000 Share Capital 200,000 Retained Earnings 140,000 Total Shareholders' Equity 340,000 Total Liabilities and Shareholders' Equity 440,000