Financial managerial question!

21. Based on the financial statements provided below, please fill the missing numbers and calculate the requested financial ratios. Show all your work to get full credit. 2012 2011 2012 2011 285,000$190,000 Assets Sales 9,000 $ 215 Cost of Goods Sold 143,000Cash 16,000 12,500 42,500 29,000 62,500 50,500 26,000 20,000 100,000 70,000 $28,000 $70,000$ 47,000 Accounts Receivable Gross Profit Inventories Operating Expenses Total Current Assets $28,500 $19,000 Variable Expenses 21,000 $ 20,000 Fixed Expenses Buildings and Equipment 10,000 $59,50043,500 10,500 $ 6,100 $4,400 $ Depreciation Accumulated Depreciation Total 62,000 150,500 112,500 Total Fixed Assets Earnings Before Interest and Taxes 3,500 Total Assets 3,000 Interest Expense Earnings Before Taxes 500 Liabilities and Owner's Equity Accounts Payable 1,540 $ $2,860 $ 858 $ 175 Taxes 22,298 $ 10,500 47,000 $ 17,000 69,298 27,500 22,950$ 28,750 Net Income 325 Short-term Bank Notes Dividends 98 Total Current Liabilities Long-term Debt 31,500 31,500 $24,750 Common Stock Cash and Equivalents of 2012 a. Retained Earnings Total Liabilities and Owners Equity 112,500 d. What is the quick ratio for 2012? b. Accumulated Depreciation of 2012 Retained Earnings of 2012 C. Please find the figures for the following items on the Statement of Statement of Cash Flows of 2012 Cash Flows Operating Activities Change in Accounts Receivable 3,500 Change in Inventory of 2012 e. Change in Inventories $11,798 Change in Accounts Payable Depreciation Expenses 2,860 $7,658 Net Income Net cash in operating activities f. Change in Short-term Bank Notes of 2012 Long-term Investing Activities $(6,000) (30,000) $ (36,000) Change in Land Change in Buildings and Equipment Net change in investing activities Financing Activities Change in Short-term Bank Notes Depreciation of 2012 g. Change in Long-term Debt $(5,800) (858) $23,342 Dividend Net cash in financing activities $(5,000) Net change in Cash h. Based on the provided financials, the firm purchases more inventory at $ 2,000 in 2012. Assume no other financial activities taking place, what is the new quick ratio