a. Compute the current ratio for the current year. (Abbreviations used. STI- Short-term investments. Round your answer to two decimal places, XXX) Current ratio= b. Compule the cash ratio for the current year. (Round your answer to two decimal places, XXX) Cash ratio c. Compute the acid-test ratio for the current year. (Round your answer to two decimal places, XXX) Acid-estratio = d. Compute the inventory turnover for the current year. (Round your answer to two decimal places, XXX) Inventory turnover = times Compute the days' sales in inventory for the current year. (Round intermediary calculations to two decimal places, XXX and round your final answer to the nearest whole day.) Days' sales in inventory days 1. Compute the days' sales in receivables for the current year. (Round intermediary calculations to two decimal places, XXX and round your final answer fo Days' sales in receivables answer to nearest w st whole day.) days g. Compute the gross profit percentage for the current year. (Round your answer to one tenth of a percent, XX%) Gross proft percentage % Choose from any list or enter any number in the input fields and then continue to the next question. til i More Info a. Current ratio b. Cash ratio c. Acid-test ratio d. Inventory turnover e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage Print Done - X Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets dia me Total Current Liabilities Income Statement: Net Credit Sales Cost of Goods Sold answ Current Year Preceding Year $ 24,000 $ 31,000 11,000 30,000 40,000 88,000 80,000 82,000 17,000 8,000 172,000 239,000 hole 135,000 84,000 69 $ 470,000 315,000 Print Done ble da