For the firm, Calculate the following and Explain the ratios in original plain speak in how they reflect on the company:

Acid-test ratio, Debt ratio, Debt/Equity ratio, Gross profit margin, Inventory turnover, Return on assets, Return on total equity, Current Ratio

(Further data is in the following report, however as a novice I am unsure where the current assets information or necessary information is. Your help will be a great opportunity to help me learn. http://library.corporate-ir.net/library/10/102/102601/items/226394/2006_AnnualReport.pdf)

Financial Highlights Au 31 2006 2005 2004 2003 2002 In thousands, except per share data Income Statement Data: Net sales $278,623 $283,542 $275,434 $307,160 $332,998 Income oss) from operations (9,064) (47,665) (122,573) Net income (loss) from continuing operations (8,801) (47,790) (122,179) before income taxes Income tax benefit (provision) (1) Net income (loss) from continuing (1) 28,573 10,186 (10,150) (45,253) (90,057) operations Cumulative effect of accounting (75,928) change, net of income taxes Net income (loss) available to common shareholders 1) (5,837) (18,885) (53,988) (117,399) Earnings (loss) per share Basic Diluted Balance Sheet Data: Total current assets 87,120 S105,182 92,229 $110,057 $124,345 er long-term assets Total assets 216,559 233,233 227,625 262,146 Long-term obligations 46,171 of continuing operations Total liabilities Preferred stock Shareholders' equity 226,422 133,349 132,826 158,479 177,667 (1) Net income in fiscal 2006 includes the impact of deferred tax asset valuation allowance reversals totaling $20.4 million. Common Stock FIRST SECOND THIRD FOURTH Price Range QUARTER QUARTER QUARTER QUARTER Fiscal Year Ended August 31, 2006: 7.35 7.79 $9.79 8.37 6.42 6.00 7.00 5.16 Fiscal Year Ended August 31,2005: High 1.98 2.80 7.13 8.10 1.65 5.80 1.61