7) The financial statements of Nature's Health Foods include the following items: Accounts O.R. Items O.R. Current Assets: Current Liabilities: Cash 25,000 Accounts Payable 9,000 Short-term investment 8,000 Interest Payable 7,000 Net Account Receivables 6,000 Salary Payable 5,000 Inventory 14,000 Prepaid expense 4,000 Total current assets 57,000 Total Current Liabilities 21,000 Long term Assets 83,000 Long-term Notes Payable 30,000 Capital 70,000 Retained Earnings 19,000 Total Assets 140,000 Total liabilities and Equity 140,000 Income Statement: Sales 55,000 Cost of goods sold (24,000 31,000 Administrative and selling expenses (15,000 16,000 Required Compute the following ratios for the current year: 1. Current ratio 2. Acid-test ratio 3. Gross Profit ratio 4. Net Profit ratio 5. Working Capital 6. Cash ratio 7. Debt ratio