$3.$ You decide, finally, to assess the company$$s liquidity and

asset management. For both this year and last year, compute:a$.$ Working capital.b$.$ The current ratio.$($Round your final answers to

$2$ decimal places.$)$c$.$ The acid$-$test ratio.$($Round your final answers

to $2$ decimal places.$)$d$.$ The average collection period. $($The accounts receivable at

the beginning of last year totaled $$1,670,000.)($Use

$365$ days in a year. Round your intermediate calculations and final

answer to $2$ decimal place.$)$e$.$ The average sale period. $($The inventory at the beginning of

last year totaled $$2,030,000.)($Use $365$ days in a

year. Round your intermediate calculations and final answer to $2$

decimal place.$)$f$.$ The operating cycle.$($Round your intermediate

calculations and final answer to $2$ decimal place.$)$g$.$ The total asset turnover. $($The total assets at the beginning

of last year totaled $$13,070,000.)($Round your final

answers to $2$ decimal places.$)$