(Computing ratios) 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 earned d. Inventory turnover e. Total asset turnover f. Operating profit margin g. Days in receivables h. Operating return on assets i. Debt ratio j. Return on equity k. Fixed asset turnover a. The current ratio is X. (Round to two decimal places.) Cash Accounts receivable Inventory 99,000 31,000 50,000 17,000 Prepaid expenses Total current assets 197,000 Gross plant and equipment 395,000 (65,000) Accumulated depreciation $ 527,000 Total assets LIABILITIES AND OWNERS' EQUITY Accounts payable $ 89,000 63,000 152,000 Accrued liabilities Total current liabilities Long-term debt Common stock 130,000 202,000 43,000 Retained earnings $ 527,000 Total liabilities and equity Income Statement Sales $ 212,000 (84,000) Cost of goods sold Gross profit Selling, general, and administrative expenses $ 128,000 (27,000) (26,000) Depreciation expenses Operating profits 75,000 (8,000) Interest expense Earnings before taxes 67,000 (14,070) Taxes 52,930 Net income * 12% of sales are cash sales