Tech Supplies Company, Incorporated, is a leading retailer specializing in consumer electronics. A condensed income statement and balance sheet for the fiscal year ended February 1, 2020, are shown below. Current assets: Tech Supplies Company, Incorporated Balance Sheet At February 1, 2020 ($ in millions) Assets Cash and cash equivalents Accounts receivable (net) Inventory Other current assets: Total current assets. Long-term assets Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term liabilities Shareholders' equity Total liabilities and shareholders' equity Revenues Tech Supplies Company, Incorporated. Income Statement For the Year Ended February 1, 2020 (s in millions) Costs and expenses. Operating income Other income (expense)* Income before income taxes. Income tax expense Net income $ 39,538 38,155 1,383 (67) 1,316 $ 1,996 1,172 5,053 396 8,617 3,643 $ 12,260 $ 4,550 2,675 7,225 2,220 2,815 $ 12,260 533 $ 783 < Prev 15 of 18 Next > Total liabilities and shareholders' equity Revenues Tech Supplies Company, Incorporated Income Statement For the Year Ended February 1, 2020 ($ in millions) Costs and expenses Operating income Other income (expense)* $ 39,538 38,155 1,383 (67) Income before income taxes 1,316 Income tax expense 533 Net income $ 783 $ 12,260 "Includes $98 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. 1-a. Current ratio 1.19 1-b. Acid-test ratio 0.44 1-c. Debt to equity ratio 3.36 1-d. Times interest earned ratio 13.00 times.