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The 2021 balance sheet for Hallbrook Industries, Inc. is shown below. OOK INDUSTRIES, Balance Sheet December 31, 2021 ($ in thousands) Now 33 $2,eee Cash
The 2021 balance sheet for Hallbrook Industries, Inc. is shown below. OOK INDUSTRIES, Balance Sheet December 31, 2021 ($ in thousands) Now 33 $2,eee Cash Short-term investments Accounts receivable Inventory Property, plant, and equipment (net) Total assets Liabilities and shareholders Equity Current liabilities Long-term liabilities Paid-in capital Retained earnings Total liabilities and shareholders equity 410 360 800 439 $2,928 The company's 2021 income statement reported the following amounts (s in thousands): $4,700 50 Net sales Interest expense Income tax expense Net income 119 170 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.) Current ratio Debt to equity Times interest eamed
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