E17-18 (similar to) Question Help The financial statements of Jim's Natural Foods include the following items: Compute the following ratios for the current year an eText Cick the icon to view the financial statements) (Click the icon to view the ration) media u a. Compute the current ratio for the current year. (Abbreviations used: STI = Short-term investments. Round your answer to two decimal places, XXX) Current rata- er Reso unicou EO Choose from any that or enter any numbor in the input fields and then clok Check Answer parts remaining Clear All Check Answer Question Help Financial Statements me financial statements of Jim's Natt Click the icon to view the financi Current Year Compute the current ratio for the urrent ratio- Preceding Year cimal places, XXX.) Balance Sheet: Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: 25,000 $ 9,000 40,000 36.000 13,000 27,000 20,000 88,000 74.000 0,000 215.000 85,000 EO 173,000 134,000 ose from any list or enter any Print Done parts remaining Check Answer Question Help The financial statements of Jim'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 cur More Info Current ratio Xhecimal places, x.xx.) a. Current ratio b. Cash ratio C. Acid-test ratio d. Inventory turnover e Days' sales in inventory 1. Days' sales in receivables 9. Gross profit percentage Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 6 Part remaining Clear All bol