Homework: ACC-260 Benchmark - Topic 7 Assignment Score: 0 of 10 pts EC-18 (similar to) 4 4 of 6 (1 complete) HW Score: 10%, 10 of 100 pts Question Help The financial statements of Viva's Natural Foods include the following items FTP (Ock the icon to view the financial statements) Compute the following Click the icon to view Financial Statements - X a Compute the current ratio for the current year (Abbreviations used STI - Short term investments. Round your awer to two decimal place Current Year Preceding Year Current ratio- 18,000 $ 15 000 23.000 25,000 74000 - X More info 54000 Balance Sheet Cash Short Investments Net Accounts Receivables Merchandise Inventory Prepaid Expenses Tots Current Assets Toes Current Income Statement Net Credit 78.000 10.000 60.000 12.000 aumentato b. Cash ratio c. Acichest to d. Inventory tumover e Days' sales in inventory f. Days' sales in receivables 9. Gross profit percentage 175.000 140,000 194000 90.000 Choose from any list of enter any number 3 662.000 Print Done parts remaining Print Done Financial Statements Current Year Preceding Year Balance Sheet: Cash $ 18,000 $ 23,000 Short-term Investments 25,000 15.000 54,000 Net Accounts Receivables 74.000 Merchandise Inventory 60.000 78,000 10.000 12.000 Prepaid Expenses Total Current Assets 175,000 194.000 Total Current Liabilities 140.000 93,000 Income Statement: Net Credit Sales $ 462.000 Print Done yuv AUT, Total Current Liabilities 140,000 93,000 Income Statement: Net Credit Sales $ 462,000 311,000 Cost of Goods Sold Print Done