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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 $ 200
Short-term investments 150
Accounts receivable 200
Inventory 350
Property, plant, and equipment (net)1,000
Total assets $ 1,900
Liabilities and Shareholders Equity
Current liabilities $ 400
Long-term liabilities 350
Paid-in capital 750
Retained earnings 400
Total liabilities and shareholders equity $ 1,900
The companys 2024 income statement reported the following amounts ($ in thousands):
Net sales $ 4,600
Interest expense 40
Income tax expense 100
Net income 160
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.
following amounts ( $ in thousands):
\table[[Net sales,$4,600

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