The company’s 2021 income statement reported the following amounts ($ in thousands): net sales $ 5,700 interest expense 100 income tax expense 100 net income 270 required: 1. calculate the current ratio. (round your answer to 2 decimal places.) 2. calculate the acid-test ratio. (round your answer to 3 decimal places.) 3. calculate the debt to equity ratio. (round your answer to 2 decimal places.) 4. calculate the times interest earned ratio. (round your answer to 1 decimal place.)

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.