The financial statements for Castile Products, Incorporated are given below:

Account balances at the beginning of the year were: accounts receivable, $$230,000$; and inventory, $$330,000.$ All sales were on

account.

Required:

Compute the following financial data and ratios:

Working capital.

Current ratio. $($Round your answer to $1$ decimal place.$)$

Acid$-$test ratio. $($Round your answer to $2$ decimal places.$)$

Debt$-$to$-$equity ratio. $($Round your answer to $2$ decimal places.$)$

Times interest earned ratio. $($Round your answer to $2$ decimal places.$)$

Average collection period. $($Use $365$ days in a year. Round your intermediate calculations and final answer to $1$ decimal place.$)$

Average sale period. $($Use $365$ days in a year. Round your intermediate calculations and final answer to $1$ decimal place.$)$

Operating cycle. $($Use $365$ days in a year. Round your intermediate calculations and final answer to $1$ decimal place.$)$