The Following Information Pertains to Brady Group Corporation Required: Given the Income Statement and Balance Sheet Above, Determine

The following information pertains to Brady Group Corporation: $\begin{array}{lll}\text { Sales } & &\$ 189,400 \\\text { Less: Cost of goods sold } &&\underline{(83,000)}\\\text { Gross profit }& & \$ 106,400\\ \text { Less: operating expens es } \\\text { Wage expense } & \$ 45,600 & \\\text { Depreciation expense } & 3,600& \\\text { Rent expense }&\underline{12,000}&\underline{(61,200)} \\\text { Operating income } &&\$45,200\\\text { Less: Other expenses }&&(2,200)\\\text { (interest )}\\\text { Income before taxes } & & \$ 43,000 \\\text { Less: Income tax expens e } & & (17,200) \\\text { Net income } & &25,800 \\\end{array}$

Required: Given the income statement and balance sheet above, determine:
a. the current ratio
b. working capital
c. the gross profit rate
d. return on sales
e. return on stockholders' equity (beginning stockholders' equity was $19,200)