The balance sheet and income statement for the Company. Company are as follows:

J. P. Robard Mfg., Inc.
Balance Sheet ($000)
Cash	$480
Accounts receivable	1930
Inventories	1040
Current assets	$3,450
Net fixed assets	4580
Total assets	$8,030
Accounts payable	$1,090
Accrued expenses	570
Short-term notes payable	290
Current liabilities	$1,950
Long-term debt	2100
Owners' equity	3980
Total liabilities and owners' equity	$8,030

Calculate the following ratios:

Current ratio

Times interest earned

Inventory turnover

Total asset turnover

Operating profit margin

Operating return on assets

Debt ratio

Average collection period

Fixed asset turnover

Return on equity

The company's current ratio is:

Income Statement ($000) Net sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $500 depreciation) Net operating income Interest expense Earnings before taxes Income taxes (35%) Net income $7,990 (3,320) $4,670 (3,040) $1,630 (365) $1,265 (443) $822