ok nt The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,530,000, with 75 percent of sales sold on credit Cash Accounts receivable. Inventory Plant and equipment Total assets REVOLUTION CLOTHIERS Balance Sheet 20x1 Accounts payable Accrued taxes Bonds payable (long-term) Common stock Paid-in capital Assets $ 47,000 306,000 204,000 404,000 Liabilities and Equity $ 250,000 108,000 147,000 100,000 150,000 206,000 $ 961,000 Retained earnings $ 961,000 Total liabilities and equity ences Compute the following ratios Note: Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. Input your debt-to- total assets answer as a percent rounded to 2 decimal places. a Current ration b. Quick ratio c Debt-to-total-assets ration d Asset turnover e Average collection period 5,555 00 times 55 00 times 55.00% 55.00 times 55.00 days