Tech Supplies Company, Incorporated

Income Statement

For the Year Ended February $1,2020$

$($$ in millions$)$

Revenues $ $39,603$

Costs and expenses $38,168$

Operating income $1,435$

Other income $($expense$)*(80)$

Income before income taxes $1,355$

Income tax expense $728$

Net income $ $627$

$*$Footnote asteriskIncludes $$215$ of interest expense.

Required:

$1-$a$.$ Calculate the current ratio for Tech Supplies for its fiscal year ended February $1,2020.$

$1-$b$.$ Calculate the acid$-$test ratio for Tech Supplies for its fiscal year ended February $1,2020.$

$1-$c$.$ Calculate the debt to equity ratio for Tech Supplies for its fiscal year ended February $1,2020.$

$1-$d$.$ Calculate the times interest earned ratio for Tech Supplies for its fiscal year ended February $1,2020.$

Note: For all requirements, round your answers to $2$ decimal places.