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Blackwell Automotive's balance sheet at the end of its most recent fiscal year shows the following information: Blackwell Automotive Balance Sheet as of March 31,2011

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Blackwell Automotive's balance sheet at the end of its most recent fiscal year shows the following information: Blackwell Automotive Balance Sheet as of March 31,2011 Assets: Liabilities and Equity: Cash and marketable sec. 23,015 Accounts payable and accruals 163,257 21,115 $184,372 141,258 Notes payable 212,444 376,717 Accounts receivable Inventories Total current liabilities Total current assets$ Long-term debt 168,022 $ 352,394 313,299 512,159 $1,177,852 Net plant and equipment Goodwill and other assets89,899 Total liabilities Common stock 711,256 Retained earnings Total assets $1,177,852 Total liabilities and equity In addition, it was reported that the firm had a net income of $156,042 on sales of $4,063,589 a. What are the firm's current ratio and quick ratio? b. Calculate the firm's days' sales outstanding, total asset turnover ratio, and fixed asset turnover ratio. The following are the financial statements for Nedoul 1

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