The balance sheet and income statement for the J. P. Robard Mfg. Company are given here:

J. P. Robard Mfg. Company Balance Sheet ($000)

Cash	$500
Accounts receivable	2,000
Inventories	1,000
Current assets	$3,500
Net fixed assets	4,500
Total assets	$8,000
Accounts payable	$1,100
Accrued expenses	600
Short-term notes payable	300
Current liabilities	$2,000
Long-term debt	2,000
Owners' equity	4,000
Total liabilities and owners' equity	$8,000

J. P. Robard Mfg. Company Income Statement ($000)

Net sales (all credit)	$8,000
Cost of goods sold	3,300
Gross profit	$4,700
Operating expenses (includes $500 depreciation)	3,000
Operating income	$1,700
Interest expense	367
Earnings before taxes	$1,333
Income taxes (40 %40% )	533
Net income	$800

Calculate the following ratios: 1) Current ratio, 2) Operating return on assets, 3) Times interest earned, 4) Debt ratio, 5) Inventory turnover, 6) Average collection period, 7) Total asset turnover, 8) Fixed asset turnover, 9) Operating profit margin, 10) Return on equity.