Chen Group has been operating for several years, and on December 31, 2019, presented the following statement of financial position (amounts in thousands).

Chen Group
Statement of Financial Position
December 31, 2019
Plant assets (net)	238000	Share capitalordinary	154000
Inventory	93000	Retained earnings	96000
Receivables	61000	Mortgage payable	124000
Cash	36000	Accounts payable	54000
	428000		428000

he net income for 2019 was 34000. Assume that total assets are the same in 2018 and 2019.

Compute each of the following ratios. For each of the four, indicate the manner in which it is computed and its significance as a tool in the analysis of the financial soundness of the company.

a. Current ratio______ times

b. Acid-test ratio_____ times

c. Debt to assets______ %

d. Return on asset_____ %