Use the following tables to calculate the ratios below. Also discuss what each ratio means and what it is telling you. A:

a. current ratio

b. acid test ratio (aka quick ratio)

c. average collection period

d. total asset turnover

e. fixed asset turnover

f. accounts receivable turnover

g. inventory turnover

h. debt ratio

i. times interest earned

j. operating income return on investment

k. return on assets

l. operating profit margin

m. net profit margin

n. return on equity

Lozano Manufacturing, Inc