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Question 5 The income statement for Ugg Company for the year ending 30 June 2017 is detailed below. Sales revenue $360,000 Cost of sales 258,000 Gross profit 102,000 Operating expenses 70,000 Profit $32,000 The operating expenses include $18,300 of interest expense. The following amounts have been extracted from the company's balance sheet at 30 June 2017: Accounts receivable $62,000 Prepaid expenses 3,700 Cash 6,500 Inventory 35,500 Bank overdraft 6,100 Accounts payable 35,000 Accrued expenses 2,800 Calculate the following: (Round current ratio & quick ratio to 2 decimal places, e.g. 15.52 and all others answers to 0 decimal places, e.g. 15. Use 365 days for calculation. Do not deduct bank overdraft from your calculation for quick ratio.) i. Days inventory days ii. Days debtors days iii. Current ratio times iv. Quick ratio times