Exercise 24-4 As loan analyst for Concord Bank, you have been presented the following information Toulouse Co Lautrec Co Assets Cash Receivables Inventories $123,000 222,000 563,000 908,000 504,000 $327,000 297,000 538,000 1,162,000 611,000 $1,412,000 $1,773,000 Total current assets Other assets Total assets iabilities and Stockholders" Current liabilities Long-term liabilities Capital stock and retained earning:s UI $303,000 413,000 696,000 Total liabilities and stockholders' equity $1,412,000 $911,000 $350,000 504,000 919,000 $1,773,000 $1,517,000 Annual sales Rate of gross profit on sales Each of these companies has requested a loan of $50,000 for 6 months with no collateral offered. Because your bank has 30 % 40 % reached its quota for loans of this type, only one of these requests is to be granted Compute the various ratios for each company. (Round answer to 2 decimal places, e.g. 2.25.) Toulouse Co Lautrec Co Current ratio Acid-test ratio Accounts receivable turnover times times Inventory turnover times times Cash to current liabilities