Calculate the following ratios:

* Current Ratio * Operating Return on Assets

* Times Interest Earned * Debt Ratio

* Inventory Turnover * Average Collection Period

* Total Asset Turnover * Fixed-Asset Turnover

* Operating Profit Margin * Return on Equity

J.P. Robard Manufacturing Company Balance Sheet

Cash 500

Accounts Receivable 2,000

Inventories 1,000

Current Assets 3,500

Net Fixed Assets 4,500

Total Assets 8,000

Accounts Payable 1,100

Accrued Expenses 600

Short-term Notes Payable 300

Current Liabilities 2,000

Long-term debt 2,000

Owner's Equity 4,000

Total Debt and Equity 8,000

Income Statement

Sales (all credit) 8,000

Cost of Goods Sold 3,300

Gross Profit 4,700

Operating Expenses (includes $500 depreciation) 3,000

Operating Profits 1,700

Interest Expense 367

Earnings Before Taxes 1,333

Income Taxes (40%) 533

Net Income 800

Thanks.