Answer all parts of questions showing formulas and calculations

Thanks in advance

Question 4: LO: K1, K2 [10 marks] (A) Selected financial statement data for Stewart Company are presented below. December 31,2018 December 31,2017 Cash Short-term investments Receivables (net) Inventories Total current liabilities $45,000 27,000 135,000 90,000 135,000 $ 60,000 30,000 150,000 120,000 150,000 During 2018, net sales were $1,425,000, and cost of goods sold was $1,155,000. Required: Compute the following ratios on December 31, 2018: (5 marks) (a) Current (b) Acid-test (quick ratio). (c) Accounts receivable turnover. (d) Inventory turnover. (B) Identify the activities and users associated with accounting