Teal Company has been operating for several years, and on December 31, 2020, presented the following balance sheet.

TEAL COMPANY BALANCE SHEET DECEMBER 31, 2020
Cash		$39,100		Accounts payable		$72,400
Receivables		79,400		Mortgage payable		143,000
Inventory		87,500		Common stock ($1 par)		147,300
Plant assets (net)		225,400		Retained earnings		68,700
		$431,400				$431,400

The net income for 2020 was $25,500. Assume that total assets are the same in 2019 and 2020. (a) Compute each of the following ratios.

1) Current ratio

2) Acid-test ratio

3) Debt to assets ratio

4) Return on assets