Balance Sheet December 31, 2024 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Long-term liabilities Paid-in capital $ 330 280 330 360 2,300 $ 3,600 $ 530 480 Retained earnings Total liabilities and shareholders' equity 1,400 1,190 $ 3,600 The company's 2024 income statement reported the following amounts ($ in thousands): Net sales. Interest expense Income tax expense Net income Required: $ 5,900 50 120 290 1. Calculate the current ratio. Note: Round your answer to 2 decimal places. 2. Calculate the acid-test ratio. Note: Round your answer to 3 decimal places. 3. Calculate the debt to equity ratio. Note: Round your answer to 2 decimal places. 4. Calculate the times interest earned ratio. Note: Round your answer to 1 decimal place.