967 168 complete) P4-25 (similar to) HW Score: 70 (Calculating financial ratios) The balance sheet and income statement for the JP Robard Mfg Company are as follows: Questic H Calculate the following Current ratio Times Interest earned Inventory turnover Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fbxed asset turnover Return on equity The company's current ratio is (Round to two decimal places) Enter your answer in the answer box and then click check Annen 9 art Question Help 10) 10 Data Table cial ratios) The alculate the following ratios ned margin J. P. Robard Mfg., Inc. Balance Sheet (5000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets current ratio is $480 2.020 940 $3200 4580 58.029 51.200 590 Accounts payable Accrued expenses Shontorm notos payable Current liabies Long-term dobt 310 $2 100 2010 Type here to search Data Table ratios) The alculate Total assets $8.020 sin ent ratio is Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $1200 590 310 $2.100 2010 3 910 $8020 J. P. Robard Mfg., Inc. Income Statement (5000) Net sales (all credit) Cost of goods sold Wet n the answer 1 Data Table - X cial ratios) The alculat ned Owners' equity Total liabilities and owners' equity 3.910 $8.020 wer margin current ratio is J. P. Robard Mfg., Inc. Income Statement (5000) Net sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $500 depreciation) Net operating income Interest expense Earnings before taxes Income taxes (35%) Net income $7.900 (3.290) $4.610 (2.900) $1.710 (366) $1.344 (470) $874 answer in the answer Print Done ing