The following information for High Flying Company is provided. High Flying Company CuURERTASSEtS ratte ecg ans, osc eas Sar ien a tict dao chct eeu R as RL wn hear $ 145,000 WOMGEIGHNMPASSCTS 2 eect ce cer iertp sence sucitepnth Snib de ee kore ech caren e eC ROM: ACTS Cec oy 8 NNER Re a eee 750,000 GCunrenteliab tities. a Oebawrirncpce suber desta ms leuame tt: SNe. kee cement: 75,000 EOngrternmliabi Mites Fete g texsecy cr teeter ecent sac) 3.8 cube mek pod ean = tt Sis] cn ee Nr 300,000 OWNENSRE QUIIEV Nicing, copa htnc Hs ke taltar ee oasnetacc xe Sauties Gene ea arem Rene ch attr Fae en Tic a 520,000 Sales fOnnye aimene o1oh rand sat aes sal nids meme ses cotten Seals ca Cassin ode eee Reet ae se) St Re eee ee 1,425,000 NettinGOMefOryear ici terse cee ek de ole rs codecs aot Renee es te nor cme aen oi een 105,000 Average market price’ per-share: 5.0... cas eats bee eR em he ea i es a ee 145.00 Average mumben of shahes Outstanding. s.r) s mee eeeneie nee ale are cue) ae 10,000 1. Compute the current ratio, debt ratio, return on sales, return on equity, asset turnover, and price-earnings ratio. 2. Interpretive Question: What do these ratios show for High Flying Company?