Check my work 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. Bargain Deal, Inc. Balance Sheet At January 28, 2017 ($ in millions) Assets Current assets: $ 2,096 Cash and cash equivalents Short-term investments Accounts receivable (net) Inventory 1,317 1,222 5,063 Other current assets. 416 Total current assets 10,114 Long-term assets 3,693 Total assets $13,807 Current liabilities: Accounts payable $ 5,050 Other current liabilities 3,675 Total current liabilities 8,725 Long-term liabilities 2,240 Shareholders' equity 2,842 Total liabilities and shareholders' equity $13,807 Bargain Deal Liabilities and Shareholders' Equity Bargain Deal, Inc. Income Statement For the Year Ended January 28, 2017 ($ in millions) Revenues $39,588 Costs and expenses 38, 165 Operating income 1,423 Other income (expense)* Income before income taxes. 1,346 683 Income tax expense Net income $ 663 *Includes $188 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 (77)