Use the information from the balance sheet and income statement in the popup? window, LOADING...?, to calculate the following? ratios: a. Current ratio b.? Acid-test ratio c. Times interest earned d. Inventory turnover e. Total asset turnover f. Operating profit margin g. Days in receivables h. Operating return on assets i. Debt ratio j. Fixed asset turnover k. Return on equity

Balance Sheet ASSETS

Cash $93,000

Accounts receivable 40,000

Inventory 46,000

Prepaid expenses 11,000

Total current assets $190,000

Gross plant and equipment 397,000

Accumulated depreciation (63,000)

Total assets $524,000

LIABILITIES AND OWNERS' EQUITY

Accounts payable $95,000

Accrued liabilities 67,000

Total current liabilities $162,000

Long-term debt 125,000

Common stock 206,000

Retained earnings 31,000

Total liabilities and equity $524,000

Income Statement Sales* $217,000

Cost of goods sold (89,000)

Gross profit $128,000

Selling, general, and administrative expenses (32,000)

Depreciation expenses (29,000)

Operating income $67,000 Interest expense (14,000)

Earnings before taxes $53,000

Taxes (21,200)

Earnings available to common shareholders $31,800

* 12% of sales are cash sales.