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3 The 2021 balance sheet for Hallbrook Industries, Inc., is shown below. 3.34 points $ 230 180 eBook HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2021 ($ in thousands) Assets Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and Shareholders' Equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders' equity 230 360 1,300 $ 2,300 Hint $ 430 380 900 590 Print $ 2,300 References The company's 2021 income statement reported the following amounts ($ in thousands): Net sales Interest expense Income tax expense Net income $4,900 50 130 190 Required: 1. Calculate the current ratio. (Round your answer to 2 decimal places.) 2. Calculate the acid-test ratio. (Round your answer to 3 decimal places.) 3. Calculate the debt to equity ratio. (Round your answer to 2 decimal places.) 4. Calculate the times interest earned ratio. (Round your answer to 1 decimal place.) 1. Current ratio 2. Acid-test ratio 3. Debt to equity ratio 4. Times interest earned ratio times