Use the following totals to calculate the ratios below (round answers to the nearest two decimal places) Average Accounts Receivable, net Average Total Assets Cash Cash Equivalents Gross Profit Interest Expense Net Income Net Sales Preferred Dividends Tax Expense Total Assets Total Current Assets Total Current Liabilities Total Liabilities Weighted average common shares outstanding 35,900 220,000 100,000 8,000 125,000 9,000 25,000 432,000 5,000 5,000 300,000 154,000 125,000 160,000 10,600 Return on Assets (express as a decimal and round to 2 decimal places) Debt Ratio (express as a decimal and round to 2 decimal places) Gross Margin Ratio (express as a decimal and round to 2 decimal places) Profit Margin Ratio (express as a decimal and round to 2 decimal places) Accounts Receivable Turnover (round to 2 decimal places) Earnings per Share (express as a decimal and round to 2 decimal places) Based on the ratio calculations above, the company does not have enough to pay their current liabilities O False