Hi, I have an accounting assignment regarding financial statement analysis that I need help on. (Below i have attached 2 documents).

Thank you

The balance sheet at December 31, 2017 for Zumba Company: in thousands of dollars, unless otherwise specified Current Assets: Cash and Cash Equivalents $2 Accounts Receivable, net 4,800 Inventories 2,200 Prepaid Rent 898 Total Current Assets $7,900 Land, buildings and equipment, net 7,400 Investments 500 Total assets $15,800 Current Liabilities: Accounts Payable Current Portion Long-Term Debt Accrued Salaries Payable Total Current Liabilities Long-Term Debt Total Liabilities Stockholders' Equity: Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity $500 2,500 1,000 4,000 8,000 12,000 2,800 1,000 3,800 $15,800 Additional information follows: 1. Net income for the year ended December 31, 2017 is $2,020. 2. Cost of goods sold for the year ended December 31, 2017 is $4,400. 3. Inventory on January 1, 2017 is $1,800. 4. Accounts Receivable, net on January 1, 2017 are $4,400. 5. Total assets on January 1, 2017 are $20,000. 6. Net credit sales for the year ended December 31, 2017 are $14,600. 7. Net income before interest and taxes for the year ended December 31, 2017 is $4,800. 8. Interest expense for the year ended December 31, 2017 is $550. 9. Total stockholders' equity on January 1, 2017 is $3,500. BA 211: Financial Accounting Chapter 13: Financial Statement Analysis - Take Home Exercise Name ____________________ Shown on the next page are the financial statements and additional information for the Zumba Company. 1. Calculate the Current Ratio for Zumba Corporation. a. State the Current Ratio: b. Show your work calculating the Current Ratio: 2. Calculate the Quick Ratio for Zumba Corporation. a. State the Quick Ratio: b. Show your work calculating the Quick Ratio: 3. Calculate the Accounts Receivable Turnover ratio a. State the Accounts Receivable Turnover Ratio: b. Show your work calculating the Accounts Receivable Turnover Ratio: 4. Calculate the Debt Ratio: a. State the Debt Ratio. b. Show your work calculating the Debt Ratio 5. Calculate the Days' Inventory Outstanding. a. State the formulas involved: b. Show your work calculating this ratio