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HALLBROOK INDUSTRIES, INCORPORATED Balance Sheet December 31, 2024 ($ in thousands) Assets Cash $ 250 Short-term investments 200 Accounts receivable 250 Inventory 350 Property, plant,

HALLBROOK INDUSTRIES, INCORPORATED
Balance Sheet
December 31, 2024
($ in thousands)
Assets
Cash $ 250
Short-term investments 200
Accounts receivable 250
Inventory 350
Property, plant, and equipment (net) 1,500
Total assets $ 2,550
Liabilities and Shareholders Equity
Current liabilities $ 450
Long-term liabilities 400
Paid-in capital 1,000
Retained earnings 700
Total liabilities and shareholders equity $ 2,550

The companys 2024 income statement reported the following amounts ($ in thousands):

Net sales $ 5,100
Interest expense 80
Income tax expense 150
Net income 210

Required:

Calculate the current ratio.

Note: Round your answer to 2 decimal places.

Calculate the acid-test ratio.

Note: Round your answer to 3 decimal places.

Calculate the debt to equity ratio.

Note: Round your answer to 2 decimal places.

Calculate the times interest earned ratio.

Note: Round your answer to 1 decimal place.

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