From the data below, produce the following financial rates for Business XYZ and comment on your current business situation.

Indicators:

to. Short-term solvency rate

b. Short-term debt rate

c. Inventory turnover rate

d. Average days of accounts receivable

The data for the company are:

Sales of the year: $ 250,000

Current assets: $ 220,000

Inventory: $ 50,000

Accounts receivable: $ 35,000

Current liabilities: $ 121,000

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