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Use the balance sheets of Sando shown below to calculate and interpret the following ratios for 2010 only (round to the hundredths): (a) Current ratio.

Use the balance sheets of Sando shown below to calculate and interpret the following ratios for 2010 only (round to the hundredths): (a) Current ratio. (b) Accounts Receivable turnover ratio.- Assume Net Credit sales were $850,000 (c) Debt to Equity ratio. (d) Rate of Return on Total Assets. - Assume that Net Income was $80,000, and Interest Expense was $20,000

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