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Following is an extract of information from the books of Express Photos: 2016 2015 Net Sale:s Net Credit Sales Inventory Total Assets Current Liabilites COGS

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Following is an extract of information from the books of Express Photos: 2016 2015 Net Sale:s Net Credit Sales Inventory Total Assets Current Liabilites COGS Gross Profit Current Assets Total Liabilities 166,500 105,500 18,000 95,000 48,000 86,000 85,000 72,000 56,000 28,000 15,000 ccounts Receivable 18,000 Non leap year Calculate the following ratios

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