Avant Garde Clothiers reported the following items at February 28, 2008 (amounts in thousands, with last year's — 2007 — amounts also given as needed):

Compute Avant Garde's

(a) acid-test ratio 

(b) days' sales in average receivables for 2008. Evaluate each ratio value as strong or weak. Avant Garde sells on terms of net 30.

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Accounts payable $ 400 Accounts receivable, net: Cash 210 February 28, 2008 $ 220 Inventories: February 28, 2007 150 February 28, 2008 190 Cost of goods sold 1,200 February 28, 2007 160 Short-term investments 160 Net sales revenue 2,190 Other current assets 90 Long-term assets 410 Other current liabilities 140 Long-term liabilities 170