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Assume that for the 2017 fiscal year, AstroCo reported sales revenue of $4.3 billion and cost of goods sold of $1.7 billion. Assuming that all

image text in transcribed Assume that for the 2017 fiscal year, AstroCo reported sales revenue of $4.3 billion and cost of goods sold of $1.7 billion. Assuming that all sales are on credit. Required: 1. Compute the current ratio for 2017. (Round your answer to 2 decimal places.) 2. Compute the inventory turnover ratio and accounts receivable turnover ratio for 2017. (Round your answers to 2 decimal place.)

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