Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $ 475 2,004 1,050 $ 3,529 4,478 $ 8,007 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $ 1,105 618 283 $ 2,006 2,004 3,997 $ 8,007 (Click on the following icon in order to copy its contents into a spreadsheet.) eck A Income Statement ($000) Sales (all credit) Cost of goods sold Gross profit $ 7,991 (3,319) $ 4,672 (Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window: 1 Data Table a. Current ratio b. Operating return on assets c. Times interest earned d. Debt ratio e. Inventory turnover f. Average collection period g. Total asset turnover h. Fixed asset turnover i. Operating profit margin J. Return on equity a. The current ratio is x (Round to two decimal places.) (Click on the following icon in order to copy its cc Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Accounts payable Accrued expenses Short-term notes payable Current liabilities I ona tarm Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $ 475 2,004 1,050 $ 3,529 4,478 $ 8,007 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $ 1,105 618 283 $ 2,006 2,004 3,997 $ 8,007 (Click on the following icon in order to copy its contents into a spreadsheet.) eck A Income Statement ($000) Sales (all credit) Cost of goods sold Gross profit $ 7,991 (3,319) $ 4,672 (Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window: 1 Data Table a. Current ratio b. Operating return on assets c. Times interest earned d. Debt ratio e. Inventory turnover f. Average collection period g. Total asset turnover h. Fixed asset turnover i. Operating profit margin J. Return on equity a. The current ratio is x (Round to two decimal places.) (Click on the following icon in order to copy its cc Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets Accounts payable Accrued expenses Short-term notes payable Current liabilities I ona tarm