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Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sh fiscal year ended January 28, 2017, are

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Bargain Deal, Inc., is a leading retailer specializing in consumer electronics. A condensed income statement and balance sh fiscal year ended January 28, 2017, are shown below. Bargain Deal, Inc. Balance Sheet At January 28, 2017 ($ in millions) Assets Current assets: Cash and cash equivalents Short-term investments Accounts receivable (net) Inventory Other current assets Total current assets Long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity $ 2,146 1,322 1,247 5,068 426 10,209 3,718 $13,927 $ 5,388 4,175 9,475 2,25 2,202 $13,927 Bargain Deal, Inc. Income Statement For the Year Ended January 28, 2017 ($ in millions) Revenues $39,613 Costs and expenses 38,170 Operating income 1,443 Other income (expense)* (82) Income before income taxes 1,361 Income tax expense 758 Net income 603 *Includes $233 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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