Assume that for the $2017$ fiscal year, AstroCo reported sales revenue of $$3\mathrm{.}2$ billion and cost of goods sold of $$1\mathrm{.}8$ billion.

Fiscal Year

Balance Sheet $($in millions$)$

Cash

Accounts Receivable, less allowance of $$15$ and $$15$

Inventories

Prepaid Expenses

Other Current Assets

Accounts Payable

Wages Payable

Income Tax Payable

other current Liabilities

$2017,2016$

$$,94$$$64$

$490,422$

$264,238$

$10,15$

$10,15$

$422,369$

$110,71$

$50,84$

$8,72$

$734,217$

Assuming that all sales are on credit.

Required:

Compute the current ratio for $2017.($Round your answer to $2$ decimal places.$)$

Current ratio

Compute the inventory turnover ratio and accounts receivable turnover ratio for $2017.($Round your answers to $2$ decimal place.$)$