4 Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2020, and from its March 31, 2020, balance sheet to complete the requirements. 10 points Skipped Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current liabilities Total liabilities Total equity $ 25,307 18,693 44,000 14,052 18,833 90,924 95,568 120, 268 875 875 119,393 eBook Print Det Required: 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? References Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Reg 4 Compute the gross margin ratio (both with and without services revenue) and net p answers to 1 decimal place.) tage With Service Revenue % % Without Service Revenue % Gross margin ratio Net profit margin ratio Req 1 Req 2 Req 3 Req 4 Compute the current ratio and acid-test ratio. (Round your answers to 1 decimal place.) Current ratio Acid-test ratio -1.11.11 Req 1 Reg 2 Req 3 Req 4 Compute the debt ratio and equity ratio. (Round your percentage answers to 1 decimal place.) Debt ratio % Equity ratio % 14 Prey 4 of 7 Req 1 Req 2 Req 3 Reg 4 What percent of its assets are current? What percent are long term? (Round your answer Current assets % Long-term assets %