Vision Electronics, which makes DVD players, reported the following items at February 28, 2023 (amounts in thousands, with last year’s—2022—amounts also given as needed):

Compute for 2023 Vision Electronics’ 

(a) Acid-test ratio, 

(b) Days’ sales in average receivables, 

(c) Current ratio, 

(d) Debt ratio, 

(e) Gross margin percent, 

(f) Inventory turnover. Evaluate each ratio value. Assume Vision Electronics sells on terms of net 30.

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Accounts Payable. Cash.............. Inventories February 28, 2023 February 28, 2022 Net Credit Sales........... Long-term Assets. Long-term Liabilities $1,796 860 380 320 7,720 820 20 Accounts Receivable, net February 28, 2023........ February 28, 2022. Cost of Goods Sold..….......... Short-term Investments.... Other Current Assets........... Other Current Liabilities.............. $ 440 300 4,800 330 180 290