(e) Acid-test ratio :1 (f) Accounts receivable turnover times (8) Inventory turnover times (h) Times interest earned times (i) Asset turnover times 0 ) Debt to assets ratio % Current Attempt in Progress The comparative statements of Concord Tool SA are presented below. Concord Tool SA Income Statement For the Years Ended December 31 2020 2019 Net sales R$ 1,600.280 R$ 1,540,040 890,120 871,680 Cost of goods sold Gross profit 710,160 668,360 Selling and administrative expense 441,280 422.320 Income from operations 268,880 246,040 13,200 12,320 Interest expense 255.680 233.720 Income before income taxes 70,720 67,760 Income tax expense The comparative statements of Concord Tool SA are presented below. Concord Tool SA Income Statement For the Years Ended December 31 2020 2019 Net sales R$ 1,600,280 R$ 1,540,040 Cost of goods sold 890,120 871,680 Gross profit 710,160 668.360 Selling and administrative expense 441.280 422,320 Income from operations 268,880 246,040 Interest expense 13,200 12,320 255.680 233,720 Income before income taxes 70.720 67.760 Income tax expense Net income R$ 184,960 R$ 165.960 Concord Tool SA Statements of Financial Position December 31 Assets 2020 2019 Plant assets (net) R$ 528,264 R$ 457,864 Current assets Inventory R$ 97,636 R$ 101,640 Accounts receivable (net) 93,060 90,464 Short-term investments 60,720 44,000 Cash 52,888 304,304 56,496 292,600 Total assets R$ 832.568 R$ 750,464 Equity and Liabilities Equity Share capital-ordinary (R$5 par) R$ 264,000 R$ 264,000 213,488 145,552 Retained earnings Equity and Liabilities Equity Share capital-ordinary (R$5 par) R$ 264,000 R$ 264,000 Retained earnings 213.488 145,552 Total equity 477.488 409,552 Bonds payable 176,000 176,000 Current liabilities Accounts payable 140,800 127.952 Income taxes payable 38,280 36,960 Total current liabilities 179,080 164,912 Total liabilities 355.080 340,912 R$ 750,464 Total equity and liabilities R$ 832.568 All sales were on account. o search MI DI WEG OLLUT Compute the following ratios for 2020. (Weighted average ordinary shares in 2020 were 52800) (Round earnings per share, current ratio and acid-test ratio to 2 decimal places, eg. 1.65, and all others to 1 decimal place 8.6.8 or 6.8%