Use the Financial Information Below to Calculate and Interpret the Following

Use the financial information below to calculate and interpret the following:
A.Capital acquisitions ratio.
B.Times interest earned ratio.
C.Quality of income ratio.
$\begin{array}{ll}\text { Sales revenue } & \$ 159,131 \\\text { Cost of goods sold } & 64,360 \\ \text { Gross profit } & 94,771\\\text { Selling, general and administrative expenses }&8,800\\\text { Amortization }&2,585\\\text { Total operating expenses }&11,385\\\text { Operating income } & 83,386 \\\text { Interest expense } & 2,847\\\text { Net income before taxes }&80,539\\\text { Income tax expense }&3,414\\\text { Net income }&\$77,125\end{array}$ Cash used for interest payments $\quad\quad\quad\$ 2,847$
Cash used for income tax payments $\quad\quad \$ 3,414$ $$\begin{array} { l r } \text { Net income } & \$ 77,125 \\\text { Add amortization } & 2,585 \\\text { Add the decrease in accounts receivable } & 8,860 \\\text { Add the decrease in inventory } & 367 \\\text { Subtract the increase in prepaid expenses } & ( 650 ) \\\text { Subtract the decrease in accounts payable } & ( 1,202 ) \\\text { Net cash provided by operating activities } & \$ 87,085\end{array}$$ $\begin{array}{lr}\text { Cash provided by sale of property, plant, and equipment }&\$1,165\\\text { Cash provided by sale of short-term investments }&1,393\\\text { Cash used for purchases of property, plant, and }\\\text { equipment }&(8,950)\\\text { Cash used for purchases of short-term investments }&(778)\\\text { Net cash provided by (used for) investing activities }&(\$7,170)\end{array}$