The financial statements for Castile Products, Incorporated are given below: Account balances at the beginning of the year were: accounts receivable, $160,000; and inventory, $300,000. All sales were on account. Required: Compute the following financial data and ratios: 1. Working capital 2 Current ratio. (Round your onswer to 1 decimal ploce.) 3. Acid-test ratio (Round your onswer to 2 decimal ploces.) 4. Debt-to-equity ratio. (Round your answer to 2 decimol places.) 5. Times interest earned ratio. (Round your answer to 2 decimal places.) 6. Average collection period. (Use 365 days in o year. Round your intermediate calculations and final onswer to 1 decimal place.) 7. Average sale period. (Use 365 doys in o year. Round your intermediate calculations ond finol answer to 1 decimal place.) 8 Operating cycle. (Use 365 days in a year. Round your intermediote colculations and final answer to 1 decimal place.)