The following data and questions refer to the income statement and balance sheet of Hardy Holders. Hardy Holders 2019 Income Statement (5000) Net sales $50,000 Cost of goods sold 25,500 Other costs 11,500 Depreciation 7,500 EBIT 5.500 Interest expense 500 | Earnings before tax 5,000 Taxes (30%) 1,500 Net Income 3,500 Cash Accounts receivable Inventory Total Net fixed assets Hardy Holders Balance Sheet (5000) 2019 3,360 Accounts payable 3,800 Other short-term payables 3,872] Total 11,032 Long-term debt 4,488 Paid-in capital Retained eamings 15,520 Total liabilities and equity | 2019 2,076 556 2,632 6,275 4,070 2,543 15,520 | Total Assets | Calculate the following: a. Current ratio (3 points) b. Inventory turnover ratio (3 points) C. The purchasing manager of Hardy Holders wants to target 1.5 months of inventory in her planning. Given the numbers you see, is the company purchasing process efficient or inefficient? Please explain. (3 points) d. Times interest earned (3 points) e. Profit margin (3 points) f. Return on equity (3 points)