4 Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2022, and from its March 31, 2022, balance sheet to complete the requirements. 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 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. $ 27,982 19,371 47,353 15,166 18,402 91,100 97,560 120,384 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? Required 1 890 890 119,494 Complete this question by entering your answers in the tabs below. Required 2 Required 3 Required 4

Use the following selected data from Business Solutions's income statement for the three months ended March 3t, 2022, and from its March 31, 2022, balance sheet to complete the requirements. Required: 1. Compute the gross margin ratio (both with and without services revenue) and net pront 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? Complete this question by entering your answers in the tabs below