Accounting question:

Booker corporation had the following comparative current assets and current liabilities: Dec 31, 2020 Dec. 31, 2019 Current assets Cash $..60.000 $ 30,000 Short-term investments 40,000 10,000 Accounts receivable 55,000 95,000 Inventory 110,000 90,000 Prepaid expenses Total current assets Current liabilities 35,000 $300,000 20,000 $245,000 * Accounts payable $140,000 $110,000 Salaries payable 40,000 30,000 Income tax payable Total current liabilities 20,000 $ 200,000 15,000 $ 155,000 During 2020, credit sales and cost of goods sold were $750,000 and $400,000 respectively. Instructions: Compute the following liquidity measures for 2020: 1. Current Ratio: 2. Working Capital: 3. Acid-test ratio: 4. Accounts receivable turnover: 5. Inventory turnover