Revise your calculations based the new information provided below and then answer the questions that follow.

	Current	Previous
Cash	$58,000	$48,000
Accounts receivable	28,000	33,000
Inventory	88,000	68,000
Long-term assets	187,600	143,000
Total assets	$361,600	$292,000

	Current	Previous
Current liabilities	$68,000	$58,000
Long-term liabilities	96,000	86,000
Total liabilities	164,000	144,000
Stockholders equity	197,600	148,000
Total liabilities and stockholders equity	$361,600	$292,000

	Current
Net sales	$340,000
Cost of goods sold	210,000
Operating expenses	48,000
Interest expense	10,800
Income tax expense	21,600
Net income	$49,600

Stock price	$48.00
Average shares outstanding	10,800

Required: 1. Use your spreadsheet to recalculate the ratios and enter your results here: (Round your answers to 2 decimal places.)