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(Computing ratica) Use the information from the balance sheet and income statement in the popup window, to calculate the following ratios: a. Current ratio b.

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(Computing ratica) Use the information from the balance sheet and income statement in the popup window, to calculate the following ratios: a. Current ratio b. Acid-test ratio c. Times interest eamed d. Inventory turnover e. Total asset turnover 1. Operating profit margin 9. Days in receivables h. Operating return on assets 1. Debt ratio 1. Fixed asset turnover k. Return on equity 2. The current ratio is IX (Round to two decimal places b. The acid-test ratio n * (Round to two decimal places c. The times interest eamed i X Round to two decimal places) d. The inventory tumover la IX (Round to two decimal places) ..The total automover LX (Round to two decimal places) t. The operating profit marginis (Round to one decimal place) The days in receivables are days (Round to two decimal places) h. The operating return on els in % (Round to one decimal place) Enter your answer in each of the answer boxes Balance Sheet ASSETS Cash $ 92,000 Accounts receivable 36.000 44,000 14.000 Inventory Prepaid expenses Total current assets Gross plant and equipment Accumulated depreciation $ 185.000 397,000 (62.000) $ 520,000 Total assets LIABILITIES AND OWNERS' EQUITY Accounts payable $ 95,000 60,000 Accrued liabilities Total current liabilities Long-term debt Common stock $ 155,000 121.000 202.000 42.000 Retained earnings Total abilities and equity $ 520.000 Income Statement $ 211.000 (81.000) $ Cost of goods sold Gross profil Selling general and administrative expenses Depreciation expenses Operating income 130,000 (26.000) (20,000) 5 est expen Ewnings before 84.000 (7.000) 77.000 26.950) 30.050 Carsaviable to common shareholders 1. The debt ratio is %. (Round to one decimal place.) ). The fixed asset turnover is x. (Round to two decimal places.) k. The return on equity is %. (Round to one decimal place.) Fritar

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