Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below: Year 2 Year 1 Current assets: Cash $170 $100 Accounts receivable, net 200 200 Inventory 150 140 Prepaid expenses 100 100 Total current assets $620 $540 Current liabilities: Accounts payable $210 $190 Accrued liabilities 40 40 Notes payable, short term 100 90 Total current liabilities $350 $320 Sales on account during the year totaled $1,250 thousand. Cost of goods sold was $850 thousand, Required: Compute the following for Year 2: a. Working capital (Enter your answer in thousands of dollars, i.e. 100,000 should be entered as 100.) b. Current ratio. (Round your answer to 2 decimal places.) c. Acid-test (quick) ratio. (Round your answer to 2 decimal places.) d. Accounts receivable turnover. (Round your answer to 2 decimal places.) e. Average collection period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.) f. Inventory turnover (Round your answer to 2 decimal places.) 9. Average sale period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answe to 1 decimal place.) a. Working capital b. Current ratio c Acid-test ratio d. Accounts receivable turnover e. Average collection period days Current liabilities: Accounts payable Accrued liabilities Notes payable, short term Total current liabilities $210 40 100 $190 40 90 $320 $350 Sales on account during the year totaled $1,250 thousand. Cost of goods sold was $850 thousand. Required: Compute the following for Year 2: . Working capital. (Enter your answer in thousands of dollars, i.e., 100,000 should be entered as 100.) b. Current ratio. (Round your answer to 2 decimal places.) c. Acid-test (quick) ratio. (Round your answer to 2 decimal places.) d. Accounts receivable turnover. (Round your answer to 2 decimal places.) e. Average collection period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.) f. Inventory turnover. (Round your answer to 2 decimal places.) g. Average sale period. (Use 365 days in a year. Round your intermediate calculations to 2 decimals places and your final answer to 1 decimal place.) a. Working capital b. Current ratio c. Acid-test ratio d. Accounts receivable turnover e. Average collection period . Inventory turnover 9. Average sale period days days