Sanchez Company had the following year-end balances:

Cash $325,000

Marketable Securities 175,000

Accounts Receivable, net 450,000

Inventory 225,000

Prepaid Expenses 110,000

Plant Assets, net 640,000

Accounts Payable 375,000

Long-term Notes Payable 365,000

Common Stock 645,000

Retained Earnings 540,000

Net income for the year was $305,000

a. Calculate the Current Ratio

b. Calculate the Acid-Test Ratio

c. Calculate the Debit to Equity Ratio

d. Calculate the Debt Ratio