18. Use the following data to answer questions (6 marks) FSA Corporation Selected Financial Data, December 31,2016 Current assets Current liabilities Inventories Accounts receivable Accounts Payable Net sales Cost of goods sold $150,000 100,000 50,000 40,000 45,000 900,000 675,000 I. What is FSA's current ratio? II. What is FSA's quick ratio? III. What is FSA's average collection period? Page 5 of 6