Pina Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns 15% of the common stock, was one of the organizers of Pina and is its current president, The company has been successful, but it currently is experiencing a shortage of funds. On June 10, 2021, Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two $34,710 notes, which are due on June 30, 2021, and September 30, 2021. Another note of $5,960 is due on March 31,2022 , but he expects no difficulty in paying this note on its due date. Brown explained that Pina's cash flow problems are due primarily to the company's desire to finance a $297,780 plant expansion over the next 2 fiscal years through internally generated funds. The commercial loan officer of Topeka National Bank requested the following financial reports for the last 2 fiscal years. "Cash dividends were paid at the rate of $1 per share in fiscal year 2020 and $2 per share in fiscal year 2021. 'Depreciation charges on the plant and equipment of $100,150 and $102,620 for fiscal years ended March 31,2020 and 2021 . respectively, are included in cost of goods sold. (a) Compute the following items for Pina Corporation. (Round answers to 2 decimal ploces, es. 2.25 or 2.25 ) 1. Current ratio for fiscal years 2020 and 2021. 2. Acid-test (quick) ratio for fiscal years 2020 and 2021 . 3. Inventory turnover for fiscal year 2021. 4. Returnon assets for fiscal years 2020 and 2021. (Assume total assets were $1.700,920 at 3/31/19 ) 5. Percentage change in sales, cost of goods sold, gross margin, and net income after taces from fiscal year 2020 to 2021. 1. Current ratio 2020 2021 2. Acid-test (quick) ratio 3. Inventory turnover times 4. Return on assets 5. Gross margin % Net income after taxes %