Please provide work on how as well, thank you.

EC-18 Computing key ratios The financial statements of Valerie's Natural Foods include the following items: Current Year Preceding Year Balance Sheet: $ Cash Short-term Investments Net Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets Total Current Liabilities Income Statement: Net Credit Sales Cost of Goods Sold 16,000 19,000 60,000 78,000 17,000 190,000 136,000 $ 26,000 28,000 92.000 74,000 6,000 226,000 82,000 $ 476,000 312,000 Compute the following ratios for the current year: a. Current ratio e. Days' sales in inventory b. Cash ratio 1. Days' sales in receivables c. Acid-test ratio Gross profit percentage d. Inventory turnover