ONLY NEED HELP GETTING THE CURRENT RATIO AND TOTAL ASSET TURNOVER, THANK YOU

COMP4-1 (Static) Recording Transactions (Including Adjusting and Closing Entries), Preparing Financial Statements, and Performing Ratio Analysis LO4-1, 4-2, 4-3, 4-4 (GL) Brothers Mike and Tim Hargenrater began operations of their tool and die shop (H & H Tool, Inc.) on January 1, 2019. The annual reporting period ends December 31. The trial balance on January 1, 2020, follows: H & H Tool, Inc. Trial Balance on January 1, 2020 Credit Debit 6,000 5,000 13,000 78,000 8,000 7,000 Cash Accounts receivable Supplies TA Land wand Equipment Accumulated depreciation (on equipment) Other noncurrent assets (not detailed to simplify) Accounts payable Wages payable Interest payable Dividends payable Income taxes payable Long-term notes payable Common stock (8,000 shares, $0.50 par value) Additional paid-in capital Retained earnings Service revenue Depreciation expense SP Supplies expense Wages expense Interest expense Income tax expense Miscellaneous expenses (not detailed to simplify) Totals 4,000 80,000 17,000 109,000 109,000 Transactions during 2020 follow: a. Borrowed $15,000 cash on a five-year, 8 percent note payable, dated March 1, 2020. b. Purchased land for a future building site; paid cash, $13,000. Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Analysis You may view either the unadjusted, adjusted, or post-closing trial balance by choosing from the drop-down box below. Your choice will determine the reported values on the financial statement tabs. Post-closing H & H Tool, Inc. Trial Balance December 31, 2020 Account Title Debit Credit $ 49,000 23,000 18,000 13,000 78,000 18,000 22,000 21,000 Cash Accounts receivable Supplies Land Equipment Accumulated depreciation equipment Other assets Accounts payable Interest payable Wages payable Income taxes payable Long-term notes payable Common stock Additional paid-in capital Retained earnings Total 1,000 16,000 11,000 15,000 6,000 82,000 33,000 203,000 $ 203,000 $ o. Wages earned by employees since the December 24 payroll but not yet paid, $16,000. p. Income tax expense, $11,000, payable in 2021. Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Analysis Compute the applicable ratios shown below for 2020. (Round your answers for a. and b. to 2 decimal places. Enter your answer for c. as a whole percentage rounded to one decimal place (i.e. 0.288 should be entered as 28.8).) a. Compute the current ratio for 2020. Current ratio 1.80 X b. Compute the total asset turnover ratio for 2020. Total asset tumover 1.20 X c. Compute the net profit margin ratio for 2020. Net profit margin 19.1 %