Account balances at the beginning of the year were: accounts receivable, $230,000; and inventory, $320.000. All sales were of account. Required: Compute the following financial data and ratios 1. Working capital 2. Current ratio. (Round your answer to 1 decimal plece.) 3. Acid-test ratio. (Round your onswer to 2 decimal ploces.) 4. Debt to-equity ratio. (Round your onswer to 2 decimal ploces.) 5. Times interest earned ratio. (Round your onswer to 2 decimal places.) 6. Average collection period. (Use 365 doys in o year. Round your intermediote colculotions ond final answer to 1 decimal plo 7. Average sale period. (Use 365 days in a year, Round your intermediate calculations and final answer to 1 decimal place.) 8. Operating cycle. (Use 365 days in a year. Round your intermediate calculotions ond final onswer to 1 decimal place.)