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The 2024 balance sheet for Hallbrook Industries, Incorporated, is shown below. HALLBROOK INDUSTRIES, INCORPORATED Balance Sheet December 31, 2024 ($ in thousands) Assets Cash $

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

HALLBROOK INDUSTRIES, INCORPORATED
Balance Sheet
December 31, 2024
($ in thousands)
Assets
Cash $ 230
Short-term investments 180
Accounts receivable 230
Inventory 360
Property, plant, and equipment (net) 1,300
Total assets $ 2,300
Liabilities and Shareholders Equity
Current liabilities $ 430
Long-term liabilities 380
Paid-in capital 900
Retained earnings 590
Total liabilities and shareholders equity $ 2,300

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

Net sales $ 4,900
Interest expense 50
Income tax expense 130
Net income 190

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.

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