Problem $3-22($Algo$)$ Overall ratio analysis $[$LO$3-2]$

The balance sheet for Revolution Clothiers is shown below. Sales for the year were $$3,310,000,$ with $75$ percent of sales sold on credit.

REVOLUTION CLOTHIERS

Balance Sheet $20$X$1$

Assets Liabilities and Equity

Cash $ $21,000$ Accounts payable $ $282,000$

Accounts receivable $347,000$ Accrued taxes $131,000$

Inventory $318,000$ Bonds payable $($long$-$term$)186,000$

Plant and equipment $417,000$ Common stock $100,000$

Paid$-$in capital $150,000$

Retained earnings $254,000$

Total assets $ $1,103,000$ Total liabilities and equity $ $1,103,000$

Compute the following ratios:

Note: Use a $360-$day year. Do not round intermediate calculations. Round your answers to $2$ decimal places. Input your debt$-$to$-$total assets answer as a percent rounded to $2$ decimal places.