Saybrooke, Inc., reported the following items at December 31, 2016, and 2015:

Requirmetns
1. Compute Saybrooke's (a) quick (acid-test) ratio and (b) days' sales outstanding for 2016. Evaluate each ratio value as strong or weak. All sales are on account with terms of net 30 days.
2. Recommend two ways for Saybrooke to speed up its cash flow from receivables.

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A1 Balance Sheets (Summarized) Year-end 2016 Year-end 2016 2015 2015 Current assets: Current liabilities: 6 Cash 16,000 23,000 12,000 Other current liabilities 107,000 109,000 12,000 Accounts payable 72,000 Long-term liabilities 2,000 Stockholders' equity 19,000 20,500 20,000 21,000 148,000148,500 299,000 Marketable securities 8 Accounts receivable, net 58,000 9 Inventory 10Other current assets 11 Long-term assets 12 Total assets 13 14 Income statement (partial):2016 15 Sals Revenue 16 95,000 191,000 2,000 - 10,000 294,000 S 299,000 Total liabilities and equity $ 294,000 732,000