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only need c answered. Vaughn Company has been operating for...

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Accounting

only need c answered.
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Vaughn Company has been operating for several years, and on December 31, 2020. presented the following balance sheet. Cash $78.700 Receivables VAUGHN COMPANY BALANCE SHEET DECEMBER 31, 2020 $37.500 Accounts payable 76,200 Mortgage payable 99,700 Common stock ($1 par) 221,200 Retained earnings $434,600 153,700 146,200 Inventory Plant assets (net) 56,000 $434,600 The net income for 2020 was $24,300. Assume that total assets are the same in 2019 and 2020, (a) Compute each of the following ratios. (Round answers to 2 decimal places, e.g. 1.59 or 45.87%) (a) Current ratio 2.71 (b) Acid-test ratio 1.44 (c) Debt to assets ratio 53 % (d) Return on assets 5.59 %

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