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(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window Calcinate the following ratios a.

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(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window Calcinate the following ratios a. Current ratio b. Operating return on assets c. Times interest earned d. Debt ratio e Inventory turnover 1. Average collection period 9. Total asset turnover h. Fixed asset turnover 1. Operating profit margin 1. Return on equity a: The current ratio in X (Round to two decimal places) 1 Data Table Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $ 499 1,999 1,023 $ 3,521 4,518 $ 8,039 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $ 1,124 595 280 $ 1,999 1,989 4,051 $ 8,039 (Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement ($000) Sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $488 depreciation) Operating profits $ 8,005 (3,307) $ 4,698 (3,015) $ 1,683 Print Done Income Statement ($000) Sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $488 depreciation) Operating profits Interest expense Earnings before taxes Income taxes (21%) Net income $ 8,005 (3,307) $ 4,698 (3,015) $ 1,683 (346) $ 1,337 (281) $ 1,056

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