K The financial statements of Voyage, Inc., include the following items: (Click the icon to view the financial statements.) Read the requirement Requirement 1a. Compute the current ratio. Select the formula and then enter the amounts to calculate the current ratio for the current year. (Round your answer to two decimal places.) Current ratio K The financial statements of (Click the icon to view Data table Re Data Table rement. Requirement 1a. Comput Select the formula and the X T Current Year Previous Year Balance Sheet Cash 27,000 $ 43,000 Short-term investments 22,000 ecimal places.) 25,000 Accounts receivables, net 54,000 91,000 Inventory 65,000 45,000 Prepaid expenses 12,000 7,000 Total current assets 180,000 211,000 Accounts payable 47.000 42,000 Total current liabilities 80,000 98,000 Income Statement Net sales 499,000 Cost of goods sold 360,000 Net income 52,000 Print Done Read the requirement Requirement 1a. Com Select the formula and Requirement 1. Compute the following ratios for the current year: (a) current ratio, (b) quick ratio, (c) cash conversion cycle, (d) accounts receivable turnover, (e) inventory turnover, (f) gross profit percentage, and (g) net income percentage. Round all calculations to two decimal places, days to full days, and percentages to the nearest tenth of a percent. Assume all sales are on credit. (Abbreviations used: A/R Accounts receivable, Avg Average, ST = Short- term.) X mal places.) Print Done