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The 2 0 2 4 balance sheet for Hallbrook Industries, Incorporated, is shown below. HALLBROOK INDUSTRIES, INCORPORATED Balance Sheet December 3 1 , 2 0

The 2024 balance sheet for Hallbrook Industries, Incorporated, is shown below.
HALLBROOK INDUSTRIES, INCORPORATED
Balance Sheet
December 31,2024
($ in thousands)
Assets
Cash $ 340
Short-term investments 290
Accounts receivable 340
Inventory 330
Property, plant, and equipment (net)2,400
Total assets $ 3,700
Liabilities and Shareholders Equity
Current liabilities $ 540
Long-term liabilities 490
Paid-in capital 1,450
Retained earnings 1,220
Total liabilities and shareholders equity $ 3,700
The companys 2024 income statement reported the following amounts ($ in thousands):
Net sales $ 6,000
Interest expense 50
Income tax expense 130
Net income 300
Required:
Calculate the current ratio.
Note: Round your answer to 2 decimal places.
Calculate the acid-test ratio.
Note: Round your answer to 3 decimal places.
Calculate the debt to equity ratio.
Note: Round your answer to 2 decimal places.
Calculate the times interest earned ratio.
Note: Round your answer to 1 decimal place.

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