Use the Following Information to Calculate the Ratios Requested Below

Use the following information to calculate the ratios requested below.Round answers to two decimal places.Show your work.

$$\begin{array} { l r } \text { Average total assets } & \$ 112,500 \\\text { Current assets, December 31 } & 32,000 \\\text { Current liabilities, December } 31 & 10,000 \\\text { Dividends paid } & 7,000 \\\text { Stockholders' equity, December 31 } & 62,500 \\\text { Net sales } & 270,000 \\\text { Total liabilities, December 31 } & 50,000 \\\text { Market price, December 31, on 2,000 shares } & \$ 70 / \text { share }\end{array}$$

$$\begin{array} { | l | l | l | l } \hline \text { Dividends yield } & \text { Debt to equity ratio } & \\\hline \text { Curtent ratio } & \text { Asset tumuver } & \\\hline\end{array}$$