The following data pertain to Charlie Company for the year ended December 31,2018:

Accounts payable.............................................................35,000

Accounts receivable.........................................................70,000

Accrued liabilities.............................................................25,000

Cash................................................................................85,000

Inventory.........................................................................45,000

Net sales........................................................................250,000

Note payable (due in 2019)............................................40,000

Profit................................................................................37,500

Trading securities...........................................................50,000

Total assets.....................................................................400,000

Total liabilities..................................................................160,000

Required:

Calculate the following ratios:

A. Current Ratio

B. Acid test ratio

C. Debt ratio

D. return on sales