Calculate :A) Current RatioB) Acid test RatioC) Inventory TurnoverD) days in inventory

Financial statement analysis The financial statements of Victor's Natural Food include the following items: Details Current Year ($) Preceding year ($) Cash 15000 20000 Short term investments 1 1000 27000 Accounts receivables 54000 73000 Inventory 77000 69000 Prepaid expenses 15000 9000 Total current assets 172000 198000 Income statement: Net credit sales 462000 Cost of sales 315000 Note: Current liability $133000 for current year