Financial Statements Current Year Preceding Year Balance Sheet: Cash $ Short-term Investments 23,000 $ 13,000 40,000 26,000 29,000 92,000 76,000 Net Accounts Receivables Merchandise Inventory 84,000 13,000 8,000 Prepaid Expenses Total Current Assets 173,000 231,000 86,000 Total Current Liabilities 138,000 Income Statement: AZAO ALLO Print Done More Info 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 Print Done Financial Statements Current Year Preceding Year Balance Sheet: Cash $ Short-term Investments 23,000 $ 13,000 40,000 26,000 29,000 92,000 76,000 Net Accounts Receivables Merchandise Inventory 84,000 13,000 8,000 Prepaid Expenses Total Current Assets 173,000 231,000 86,000 Total Current Liabilities 138,000 Income Statement: AZAO ALLO Print Done More Info 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 Print Done