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E 15-18 (similar to) Question Help The financial statements of Vanna's Natural Foods include the following items: (Click the icon to view the financial statements.)

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E 15-18 (similar to) Question Help The financial statements of Vanna's Natural Foods include the following items: (Click the icon to view the financial statements.) Compute the following ratios for the current year: Click the icon to view the ratios.) a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term investments. Round your answer to two decimal places, X.XX.) More Info - X Current ratio = L i Financial Statements - X a. Current ratio b. Cash ratio c. Acid-test ratio d. Inventory turnover e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage Current Year Preceding Year Print Done $ Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: Net Credit Sales Cost of Goods Sold 18,000 $ 11,000 42,000 80,000 11,000 29,000 29,000 92,000 64,000 7,000 162,000 135,000 221,000 83,000 472,000 312.000 Print Done

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