The balance sheet and income statement for the A. Thiel Mfg. Company are given in the popup window: LOADING... . 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. Thiel Mfg. Company Balance Sheet ($000)

Cash

478

Accounts receivable

2,021

Inventories

1,036

Current assets

3,535

Net fixed assets

4485

Total assets

8,020

Accounts payable

1,084

Accrued expenses

610

Short-term notes payable

284

Current liabilities

1,978

Long-term debt

1,989

Owners' equity

4,053

Total liabilities and owners' equity

$ 8,020

A. Thiel Mfg. Company Income Statement ($000)
Net sales (all credit)	$ 8,025
Cost of goods sold	(3,323)
Gross profit	4,702
Operating expenses (includes $ 496 depreciation)	(3,005)
Operating income	$ 1,697
Interest expense	(372)
Earnings before taxes	$ 1,325
Income taxes (40 %40%)	(530)
Net income	795