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The 2013 balance sheet for Hallbrook Industries, Inc., is shown below. HALLBROOK INDUSTRIES, INC. Balance Sheet December 31, 2013 ($ in 000s) Assets Cash $

The 2013 balance sheet for Hallbrook Industries, Inc., is shown below.

HALLBROOK INDUSTRIES, INC.
Balance Sheet
December 31, 2013
($ in 000s)
Assets
Cash $ 330
Short-term investments 280
Accounts receivable 330
Inventories 360
Property, plant, and equipment (net) 2,300
Total assets $ 3,600
Liabilities and shareholders equity
Current liabilities $ 530
Long-term liabilities 480
Paid-in capital 1,400
Retained earnings 1,190
Total liabilities and shareholders equity $ 3,600

The companys 2013 income statement reported the following amounts ($ in 000s

Net sales $ 5,900
Interest expense 50
Income tax expense 120
Net income

290

1) Curret Ratio

2) Acid Test Ratio

3) Debt to Equity ratio

4) Times Interest Earned Ratio

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