The financial statements for Castile Products, Incorporated, are given below: Account balances at the beginning of the year were: accounts recelvable, $25,000; and inventory, $60,000. All sales were on accol Required: Compute the following financial data and ratios: 1. Working capital. 2. Current ratio. (Round your answer to 1 decimal place.) 3. Acid-test ratio. (Round your answer to 2 decimal places.) 4. Debt-to-equity ratio. (Round your answer to 2 decimal places.) 5. Times interest earned ratio. (Round your answer to 2 decimal places.) 6. Average collection period. (Use 365 days in a year. Round your answer to 1 decimal place.) 7. Average sale period. (Use 365 days in a year. Round your intermediate calculations and final answer to 1 decimal place.) 8. Operating cycle. (Use 365 days in a year. Round your intermediate calculations and final answer to 1 decimal place.) \begin{tabular}{|l|l|l|} \hline 1. Working capital & & \\ \hline 2. Current ratio & & \\ \hline 3. Acid-test ratio & & \\ \hline 4. Debt-to-equity ratio & & \\ \hline 5. Times interest earned ratio & & days \\ \hline 6. Average collection period & & days \\ \hline 7. Average sale period & days \\ \hline 8. Operating cycle & & \\ \hline \end{tabular}