please answer all requirements with clear notes so i am able to understand

please answer all requirements with clear notes so i am able to understand

The financial statements of Velma's Natural Foods include the following items: (Click the icon to view the financial statements.) Compute the following ratios for the current year: (Click the icon to view the ratios.) a. Compute the current ratio for the current year. (Abbreviations used: STI= Short-term investments. Round your answer to two decimal places, X.XX.) Current ratio = More Info - X i Financial Statements Current Year Preceding Year a. Current ratio b. Cash ratio c. Acid-test ratio e. Days' sales in inventory f. Days' sales in receivables g. Gross profit percentage Balance Sheet: d. Inventory turnover Cash $ 19,000 $ 21,000 Short-term Investments 10,000 25,000 Print 46,000 Net Accounts Receivables 74,000 Done Merchandise Inventory 68,000 78,000 17,000 8,000 Prepaid Expenses Total Current Assets 160,000 206,000 Total Current Liabilities 134,000 82,000 Income Statement: Net Credit Sales $ 480,000 Cost of Goods Sold 316,000 Print Done