(Computing rabios) Use the information from the balance sheet and income staternent in the popup whinow, , to calculate the following ratios: a. Current ratio b. Acid-test ratio c. Times interest eamed d. Inventory turnover e. Total asset turnover f. Operating profit margin g. Days in recelvables h. Operating return on assets I. Debt ratio J. Return on equily k. Fixed asset turnover a. The current ratio is x. (Round to two decimal places.) Balance Sheet \begin{tabular}{lrr} \hline ASSETS & \\ \hline Cash & $90,000 \\ Accounts receivable & 38,000 \\ Inventory & 47,000 \\ Prepaid expenses & 20,000 \\ \cline { 2 - 3 } Total current assets & $195,000 \\ Gross plant and equipment & 395,000 \\ Accumulated depreciation & (60,000) \\ \hline Total assets & $530,000 \\ \hline \end{tabular} LIABILITIES AND OWNERS' EQUITY Accounts payable Accrued liabilities Total current liabilities Long-term debt Common stock \begin{tabular}{rr} $95,00066,000 \\ \hline 161,000 120,000 201,000 10ann \end{tabular} Common stock Retained earnings Total liabilities and equity 201,00048,000$530,000 Income Statement Sales* $220,000 Cost of goods sold Gross profit $131,000(89,000) Selling. general, and administrative expenses (32,000) Depreciation expenses Operating profits Interest expense Earnings before taxes Taxes Net income $69,000(30,000) - 12% of sales are cash sales