The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window: Calculate the following ratios:

a. Current ratio

b. Operating return on assets

c. Times interest earned

d. Debt ratio

e. Inventory turnover

f. Average collection period

g. Total asset turnover

h. Fixed asset turnover

i. Operating profit margin

j. Return on equity

(Ratio analysis) The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window:: Calculate the following ratios: a. Current ratio b. Operating return on assets c. Times interest earned d. Debt ratio e. Inventory turnover f. Average collection period g. Total asset turnover h. Fixed asset turnover i. Operating profit margin j. Return on equity a. The current ratio is x. (Round to two decimal places.) A. Thiel Mfg. Company Balance Sheet ($000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $ 498 2,014 1,023 $ 3,535 4,522 $ 8,057 Accounts payable $ 1,124 Accrued expenses 612 Short-term notes payable 303 Current liabilities $ 2,039 Long-term debt 2,014 Owners' equity 4,004 Total liabilities and owners' equity $ 8,057 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.) A. Thiel Mfg. Company Income Statement ($000) Net sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $491 depreciation) Operating income Interest expense Earnings before taxes Income taxes (40%) Net income $ 8,021 (3,281) $ 4,740 (2,982) $ 1,758 (336) $ 1,422 (569) $ 853 (Click on the icon located on the top-right corner of the data table above in order to copy its contents into a spreadsheet.)