(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window . Calculate the following ratios: a. Current ratio b. Operating return on assets c. Times interest earned d. Debt ratio e. Inventory turnover f. Average collection period g. Total asset turnover h. Fixed asset tumover 1. Operating profit margin J. Return on equity a. The current ratio is X. (Round to two decimal places.) nad atio and Cald Current Operati Times it Debt ra Invento Average Total as . Fixed a Operatir Return A. Thiel Mfg. Company Balance Sheet ($000) Cash $ 500 Accounts receivable 2,000 Inventories 1,000 Current assets $ 3,500 Net fixed assets 4,500 Total assets $ 8,000 Accounts payable $ 1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $ 2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $ 8,000 (Click on the icon located on the top-right corror of the data table above in order to copy its contents into a spreadsheet.) a. The cur A. Thiel Mfg. Company Income Statement ($000) Net sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $500 depreciation) $ 8,000 (3,300) $ 4.700 (3,000) ndow Accounts payable $ 1,100 Accrued expenses 600 Short-term notes payable 300 Current liabilities $ 2,000 Long-term debt 2,000 Owners' equity 4,000 Total liabilities and owners' equity $ 8,000 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.) la lo ge as a tir no cur A. Thiel Mfg. Company Income Statement (5000) Net sales (all credit) $ 8,000 Cost of goods sold (3,300) Gross profit $ 4,700 Operating expenses (includes $500 depreciation) (3,000) Operating income $ 1,700 Interest expense (367) Earnings before taxes $ 1,333 Income taxes (40%) (533) Net income $ 800 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.)