(Computing ratioa) Use the information from the balance sheet and income statement in the popup window to calculate the following ratlos: a. Current ratio b. Acid-test ratio C. Times Interest eamed d. Inventory turnover e. Total asset turnover 1. Operating profit margin g. Days in receivables h. Operating return on assets 1. Debt ratio J. Fixed asset turnover k. Return on equity a. The current ratio is X. (Round to two decimal places.) b. The acid-test ratio is IX. (Round to two decimal places.) c. The times interest earned is_x. (Round to two decimal places.) d. The inventory turnover is Ex. (Round to two decimal places.) e. The total asset tumover IX (Round to two decimal places.) f. The operating profit margin is % (Round to one decimal place) 9. The days in receivables are days. (Round to two decimal places) h. The operating return on assets is % (Round to one decimal place.) Enter your answer in each of the answer boxes Data Table Balance Sheet $ 100,000 34,000 41,000 17,000 cd ASSETS Cash Accounts receivable Inventory Prepaid expenses Total current assets Gross plant and equipment Accumulated depreciation Total assets LIABILITIES AND OWNERS' EQUITY Accounts payable Accrued liabilities Total current liabilities Long-term debt Common stock $ 192,000 399,000 (61,000) al $ 530,000 de 95,000 67,000 $ 162,000 121,000 208,000 39,000 on Retained earnings Print Done $530,000 Total liabilities and equity Income Statement Sales $ 215,000 (86,000) $ 129,000 (30,000) (22,000) Cost of goods sold Gross profit Selling, general, and administrative expenses Depreciation expenses Operating income Interest expense Earnings before taxes Taxes 77,000 (6,000) $ 71,000 (24,850) $ 46,150 Earnings available to common shareholders 12% of sales are cash sales. Print Done