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Hi I need help answering the following questions The balance sheet for Altold Co. is shown below. 199 400 see ALTOID CO. Balance Sheet At

Hi I need help answering the following questions
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The balance sheet for Altold Co. is shown below. 199 400 see ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash Short-term investments Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity: Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and shareholders' equity 650 1,190 $ 2,93e $ 65e 880 35e 1,130 $ 2,930 Selected 2021 Income statement Information for Altold Co. Includes: Net Sales Operating expenses Income before interest and tax Interest expense Income tax expense $ 8, lee 7,250 85e 100 225 Net income $ 525 Required: Compute the following financial statement ratios for 2021: Altoid Co.'s current ratio. (Round your answer to 2 decimal places.) Current ratio The balance sheet for Altold Co. is shown below. ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash Short-term investments Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity: Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and shareholders' equity $ 240 650 750 900 1,140 $ 3,689 $ 900 1,85e 600 1,130 $ 3,680 Selected 2021 Income statement Information for Altold Co. Includes: Net Sales Operating expenses Income before interest and tax Interest expense Income tax expense $ 8,600 7,230 1,378 120 375 Net income $ 875 Required: Compute the following financial statement ratios for 2021 Altold Co.'s acid-test ratio. (Round your answer to 2 decimal places.) Aold-test ratio The balance sheet for Altold Co. is shown below. ALTOID CO. Balance Sheet At December 31, 2021 Assets: Cash Short-term investments Accounts receivable (net) Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders' equity: Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and shareholders' equity $ 330 1,100 1,200 1,350 1,030 $ 5,018 $ 1,350 1,500 1,85e 1,110 $ 5, eie Selected 2021 Income statement Information for Altold Co. Includes: Net Sales Operating expenses Income before interest and tax Interest expense Income tax expense Net income $ 9,500 8,52e 988 se 27e $ 638 Required: Compute the following financial statement ratios for 2021 Altold Co.'s times interest earned ratio. (Round your answer to 2 decimal places.) Times Interest earned ratio

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