omework: HW 2 (Ch. 3 & 4 with 3% glaue) HW Score: 69.23%, 9 of 12 of 13 (10 complete) re: 0 of 1 pt pokmatch 4-6 (book/static) Question Help Kato analysis) The balance sheet and income statement for the A Thiel Mfg. Company are given in the popup window. Calculate me following ratios a. Current ratio b. Operating return on assets c. Times interest earned d. Debt ratio e. Inventory turnover 1. Average collection period g. Total asset tumover h. Fixed asset turnover 1. Operating profit margin 1. Return on equilty a. The current ratio is IX (Round to two decimal places) 12 of 13 (10 complete) HScore i Data Table - X Balance Sheet (5000) Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $ 500 2.000 1,000 $ 3,500 4.500 $ 8.000 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $ 1.100 600 300 $ 2.000 2.000 4000 $ 8.000 (Click on the following icon in order to copy its contents into a spreadsheet Print Done Data Table Long-term debt Owners' equity Total liabilities and owners' equity 2,000 4,000 $ 8,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement ($000) Sales (all credit) Cost of goods sold Gross profit Operating expenses (includes $500 depreciation) Operating profits Interest expense Earnings before taxes Income taxes (21%) Net income $ 8,000 (3.300) $ 4.700 (3.000) $ 1.700 (367) $ 1,333 (280) $ 1.053 Print Done 1 sy