The 2021 balance sheet for Hallbrook Industries, Inc., is shown below.

HALLBROOK INDUSTRIES, INC.
Balance Sheet
December 31, 2021
($ in thousands)
Assets
Cash	$	240
Short-term investments		190
Accounts receivable		240
Inventory		330
Property, plant, and equipment (net)		1,400
Total assets	$	2,400
Liabilities and Shareholders Equity
Current liabilities	$	440
Long-term liabilities		390
Paid-in capital		950
Retained earnings		620
Total liabilities and shareholders equity	$	2,400

The companys 2021 income statement reported the following amounts ($ in thousands):

Net sales	$	5,000
Interest expense		40
Income tax expense		140
Net income		200

Required: 1. Calculate the current ratio. (Round your answer to 2 decimal places.) 2. Calculate the acid-test ratio. (Round your answer to 3 decimal places.) 3. Calculate the debt to equity ratio. (Round your answer to 2 decimal places.) 4. Calculate the times interest earned ratio. (Round your answer to 1 decimal place.)