All income statement figures are Financial Statement Account RedRock LLC Explorer LLC Depreciation 47,300 8,100 Gross sales 684,000 318,000 Operating expenses 45,400 62,000 Returns and allowances 13,000 8,000 Taxes 4,850 12,860 GForce LLC 12,900 976,000 110,000 62,000 38,760 Assorted Financial Ratios Gross profit margin Current ratio Times interest earned ratio Return on equity Debt ratio 30% 1.8 1.6 14.4% 48.6% 35% 1.2 2.5 5.8% 33.2% 26% 3.3 4.2 24.7% 78.8% 1) None of the amounts in this list are within $100 of the correct answer. 2) $110.000 3) $62,000 O O 4) $45,400 All income statement figures are Financial Statement Account RedRock LLC Explorer LLC Depreciation 47,300 8,100 Gross sales 684,000 318,000 Operating expenses 45,400 62,000 Returns and allowances 13,000 8,000 Taxes 4,850 12,860 GForce LLC 12,900 976,000 110,000 62,000 38,760 Assorted Financial Ratios Gross profit margin Current ratio Times interest earned ratio Return on equity Debt ratio 30% 1.8 1.6 14.4% 48.6% 35% 1.2 2.5 5.8% 33.2% 26% 3.3 4.2 24.7% 78.8% 1) None of the amounts in this list are within $100 of the correct answer. 2) $110.000 3) $62,000 O O 4) $45,400