Some of the questions below may reference the following set of financial statements: Acme Building Products Income Statement (5 millions) $ Net Sales Cost of goods sold Depreciation Earnings before interest & taxes Interest expense Taxable income Less: Taxes 35% Net Income 2013 55,415 36,408 11,611 7,396 1,282 6,114 2,140 3,974 Acme Building Products Balance Sheet ($ millions) 2013 1,932 $ $ $ Cash Acc'ts Receivable Inventory Total 2012 668 $ 1,611 3,848 6,127 2013 897 1,327 4,947 7,171 Accounts Payable Notes Payable Total Long-term Debt 2012 1,694 2,500 4,194 9,800 1,932 11,650 Net Fixed Assets 17,489 17,107 Common Stock* Retained Earnings Total 7,500 2,122 23,616 $ 7,500 3,196 24,278 Total Assets $ 23,616 $ 24,278 $ * par value of $1 per share 1) Using Acme's financials above, what is Acme's operating profit margin for 2013? a) 0.27 b) 0.34 c) 0.11 d) 0.07 e) 0.13 2) Using Acme's financials above, what is Acme's Current Ratio for 2013? a) 3.71 b) 3.00 c) 4.81 d) 2.86 e) None of the above t h 3) Using Acme's financials above, what is Acme's Debt Ratio for 2013? a) 0.08 b) 0.48 c) 0.56 d) 0.30 e) 0.71