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The financlal statements for Thor and Gunnar companles are summarlzed here: These two companles are...

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The financlal statements for Thor and Gunnar companles are summarlzed here: These two companles are in the same business and state but different citles. Each company has been in operation for about 10 years. Both companles recelved an unqualified audit opinion on the financlal statements. Thor Company wants to borrow $103,000 and Gunnar Company is asking for $34,000. The loans will be for a two-year perlod. Nelther company Issued stock in the current year. Assume the end-of-year total assets and net equipment balances approximate the year's average and all sales are on account. Required: Calculate the following ratios. (Use 365 days in a year. Round your Intermedlate calculations and final answers to 2 decimal places.)

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