Following is an extract of information from the books of Express Photos: 2014 2013 15000 Net Sales Net Credit Sales Inventory Total Assets Current Liabilities COGS Gross Profit Current Assets Total Liabilities Accounts Receivable 156000 150500 13000 98000 40000 76000 80000 72000 56000 25000 18000 Non leap year Calculate the following ratios: Format as noted. Current Ratio (to 1 decimal place) Debt Ratio (as a percentage to 1 decimal place - no "%") Inventory Turnover (rounded to nearest whole number) Gross Profit Percentage (as a percentage to 1 decimal place - no "%") Following are a series of ratios with two possible results. Enter the ratio that you believe represents the better position for a business: Current Ratio 1.3 or 1.8 Gross Profit Percentage 46.3 or 45.8 Inventory Turnover 8 or 10