Financial statements Current Year Preceding Year Balance Sheet: Cash Short-term Investments 69 16,000 $ 23,000 13,000 27,000 Net Accounts Receivables 56,000 94,000 Merchandise Inventory 64,000 80,000 13,000 7,000 Prepaid Expenses Total Current Assets 162,000 231,000 Total Current Liabilities 136,000 82,000 Income Statement: Net Credit Sales 480,000 Cost of Goods Sold 316,000 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 - X