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Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended January 28,

Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended January 28, 2017, are shown below. Current assets: Bargain Deal, Inc. Balance Sheet At January 28, 2017 ($ in millions) Assets Cash and cash equivalents Short-term investments Accounts receivable (net) Inventory Other current assets Total current assets Long-term assets $ 2,016 1,309 1,182 5,055 400 9,962 3,653 Total assets $13,615 Liabilities and Shareholders' Equity Current liabilities: Accounts payable $ 4,650 Long-term liabilities Other current liabilities Total current liabilities Shareholders' equity Total liabilities and shareholders' equity 2,875 7,525 2,224 3,866 $13,615 Bargain Deal, Inc. Income Statement For the Year Ended January 28, 2017 ($ in millions) Revenues Costs and expenses Operating income Other income (expense)* Income before income taxes Income tax expense Net income $39,548 38,157 1,391 (69) 1,322 563 $ 759 *Includes $116 of interest expense. Required: 1-a. Calculate the current ratio for Bargain Deal for its fiscal year ended January 28, 2017. 1-b. Calculate the acid-test ratio for Bargain Deal for its fiscal year ended January 28, 2017. 1-c. Calculate the debt to equity ratio for Bargain Deal for its fiscal year ended January 28, 2017. 1-d. Calculate the times interest earned ratio for Bargain Deal for its fiscal year ended January 28, 2017. (For all requirements, round your answers to 2 decimal places.) 1-a Current ratio 1-b. Acid-test ratio 1-c Debt to equity ratio 1-d. Times interest earned ratio times

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