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Hawk Centre Ltd. (HCL) reported the following data at March 31, 2020, with amounts adapted and in thousands: (Click the icon to view the income

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Hawk Centre Ltd. (HCL) reported the following data at March 31, 2020, with amounts adapted and in thousands: (Click the icon to view the income statement.) (Click the icon to view the statement of retained earnings.) B (Click the icon to view the balance sheet.) Requirements 1. Compute HCL's current ratio. Round to two decimal places. 2. Compute HCL's debt ratio. Round to two decimal places 3. Do these values look strong, weak, or middle-of-the-road? Requirement 1. Compute Hawk's current ratio. (Round the final answer to two decimal places.) Current Ratio 3: Requirement 2. Compute Hawk's debt ratio. (Round the final answer to two decimal places.) Debt Ratio Requirement 3. Do these values look strong, weak, or middle-of-the-road? v to pay all current liabilities with current assets. This current ratio indicates HCL Hawk Centre Ltd 's current ratio is considered financing a high proportion of its assets by debt. This ratio indicates that HCL Hawk Centre Ltd's debt ratio is considered Pemaining X Data Table Hawk Centre Ltd. Income Statement For the Year Ended March 31, 2020 Thousands Net revenues $ 180,000 Cost of goods sold 128,000 47,000 All other expenses S 5,000 Net income Print Done Hawk Centre Ltd. Balance Sheet March 31, 2020 Thousands Assets Current Cash $ 1,000 Accounts receivable 28, 200 Inventories 32,000 4,700 Other current assets Total current assets 65 900 Property and equipment, net 6.000 24,100 Other assets $ 96,000 Total assets Liabilities Total current liabilities S 55.100 an Accounts receivable 28 200 Inventories 32,000 4.700 Other current assets Total current assets 65,900 Property and equipment, net 6.000 24 100 Other assets OP 96.000 Total assets Liabilities Total current liabilities $ 55,100 8.000 Long-term liabilities 63 100 Total liabilities Shareholders' Equity Share capital 26.000 6,900 Retained earnings 32.900 Total shareholders' equity $ 96.000 Total liabilities and shareholders' equity Data Table Hawk Centre Ltd. Statement of Retained Earnings For the Year Ended March 31, 2020 Thousands Retained earnings, March 31, 2019 $ 1,900 Add Net income 5,000 Retained earnings, March 31, 2020 $ 6.900

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