The Records of Washington Company Showed the Following *10,000 Shares Outstanding; Current Market Price,$30
**Including Income Tax; Income

The records of Washington Company showed the following:
$\begin{array}{lr}\text { Average Assets } & \$ 230,000& \text { Revenues } & \$ 100,000 \\\text { Average Liabilities } & 130,000 & \text { Expenses** } & (81,000) \\\text { Average Stockholders } & 100,000 & \text { Interest expense } & (2,000)\\\text { equity* } &\\&&\text { Net income } & (\$ 17,000)\end{array}$

*10,000 shares outstanding; current market price,$30
**Including income tax; income tax rate,30%
Calculate each of the following ratios:
A.Return on assets
B.Return on equity
C.Financial leverage percentage
D.Is the financial leverage percentage positive or negative?