Selected data for Stick's Design are given as of December 31, Year 1 and Year 2 (rounded to the nearest hundredth).

Year 2Year 1

Net Credit Sales$25,000$30,000

Cost of Goods Sold 16,00018,000

Net Income2,0002,800

Cash5,000900

Accounts Receivable3,0002,000

Inventory2,0003,600

Current Liabilities6,0005,000

Compute the following:

(1)Current ratio for Year 2.

(2)Acid-test ratio for Year 2.

(3)Accounts receivable turnover for Year 2.

(4)Average collection period for Year 2.

(5)Inventory turnover for Year 2.