Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Cash Accounts receivable Inventory Long-term assets Total assets Current $ 68,000 38,000 98,000 222, 100 $426,100 Previous $ 58,000 43,000 78,000 153,000 $ 332,000 Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total liabilities and stockholders' equity Current $ 78,000 116,000 194,000 232, 100 $426,100 Previous $ 68,000 106,000 174,000 158,000 $ 332,000 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Net Income Current $390,000 222,500 58,000 11,800 23,600 $ 74,100 Required: 1. Use your spreadsheet to recalculate the ratios and enter your results here: (Round your answers to Answer is not complete. Ratio Receivables tumover ratio Average collection period Inventory turnover ratio Average days in inventory Current ratio 9.62 X times 38.00 X days times 225.00 days to 1 to 1 Acid-test ratio Debt to equity ratio Times interest earned ratio % times 9.27