Cash	$550
Accounts receivable	2,020
Inventories	980
Current assets	$3,550
Net fixed assets	4,570
Total assets	$8,120
Accounts payable	$1,170
Accrued expenses	620
Short-term notes payable	340
Current liabilities	$2,130
Long-term debt	2,030
Owners' equity	3,960
Total liabilities and owners' equity	$8,120

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J. P. Robard Mfg., Inc. Income Statement ($000)
Net sales (all credit)	$7,940
Cost of goods sold	(3,310)
Gross profit	$4,630
Operating expenses (includes $500 depreciation)	(3,000)
Net operating income	$1,630
Interest expense	(357)
Earnings before taxes	$1,273

The balance sheet and income statement for the J. P. Robard Mfg. Company are as follows:

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. Calculate the following ratios:

Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin

Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity

The company's current ratio is