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Computer services revenue $ 29,921 Net sales (of goods) 19,386 Total sales and revenue 49,307 Cost of goods sold 14,658 Net income 19,302 Quick assets

Computer services revenue $ 29,921\ Net sales (of goods) 19,386\ Total sales and revenue 49,307\ Cost of goods sold 14,658\ Net income 19,302\ Quick assets 90,576\ Current assets 96,488\ Total assets 120,984\ Current liabilities 965\ Total liabilities 965\ Total equity 120,019\ Required:\ Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio.\ Compute the current ratio and acid-test ratio.\ Compute the debt ratio and equity ratio.\ What percent of its assets are current? What percent are long term?

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