The 2024 balance sheet for Hallbrook Industries, Incorporated, is shown below.

HALLBROOK INDUSTRIES, INCORPORATED
Balance Sheet
December 31, 2024
($ in thousands)
Assets
Cash	$ 220
Short-term investments	170
Accounts receivable	220
Inventory	390
Property, plant, and equipment (net)	1,200
Total assets	$ 2,200
Liabilities and Shareholders Equity
Current liabilities	$ 420
Long-term liabilities	370
Paid-in capital	850
Retained earnings	560
Total liabilities and shareholders equity	$ 2,200

The companys 2024 income statement reported the following amounts ($ in thousands):

Net sales	$ 4,800
Interest expense	60
Income tax expense	120
Net income	180

Required:

1. Calculate the current ratio.

Note: Round your answer to 2 decimal places.

1. Calculate the acid-test ratio.

Note: Round your answer to 3 decimal places.

1. Calculate the debt to equity ratio.

Note: Round your answer to 2 decimal places.

1. Calculate the times interest earned ratio.

Note: Round your answer to 1 decimal place.