Question: (Computing ratios) Use the information from the balance sheet and income statement in the popup window, to calculate the following ratios: a. Current ratio b.

 (Computing ratios) Use the information from the balance sheet and income
statement in the popup window, to calculate the following ratios: a. Current
ratio b. Acid-test ratio c. Times interest earned d. Inventory turnover e.

(Computing ratios) Use the information from the balance sheet and income statement in the popup window, 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 1. Fixed asset turnover k. Return on equity a. The current ratio is X. (Round to two decimal places.) b. The acid-test ratio is X (Round to two decimal places.) c. The times interest earned is X. (Round to two decimal places.) d. The inventory turnover is X. (Round to two decimal places) e. The total asset turnover X. (Round to two decimal places.) f. The operating profit margin is %. (Round to one decimal place.) g. The days in receivables are days. (Round to two decimal places.) h. The operating return on assets is %. (Round to one decimal place.) 1. The debt ratio is %. (Round to one decimal place.) 1 The flat scot hirvarily Dinette han Harimalara Ise the info A Data Table arned Balance Sheet ASSETS over margin bles non assets Cash 90,000 39,000 Accounts receivable Inventory 40,000 14,000 mover ty Prepaid expenses 183,000 Total current assets Gross plant and equipment bis X. (R tio is x est earned is 397,000 (67,000) Accumulated depreciation $ 513,000 urnover is Total assets LIABILITIES AND OWNERS' EQUITY Accounts payable $ turnover 92,000 61,000 Accrued liabilities profit margin is 153,000 Total current liabilities Long-term debt eceivables are Common stock return on asse 120,000 204,000 36.000 513,000 is %. (Rou Retained earnings Total liabilities and equity $ ottir varie wer in each of Print Print Done Done - X le follow info Data Table Accrued names Total current liabilities Long-term debt Common stock 153,000 120,000 204,000 36,000 ssets Retained earnings $ 513,000 Total liabilities and equity Income Statement X (RO Sales $ x. 217,000 (80,000) med is $ Cost of goods sold Gross profit Selling, general, and administrative expenses Depreciation expenses Operating income Interest expense Earnings before taxes 137,000 (35,000) (20,000) $ argin is 82,000 (9,000) es are Taxes 73,000 (29,200) on asso 43,800 .. (Rour Earnings available to common shareholders 12% of sales are cash sales. orie ach oft Print Done

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