Selected financial data for Amberjack Corporation follows. Sales Year 2 ($ thousands) 482,657 Year 1 ($ thousands) 343,306 Cost of goods sold 269,281 361,604 Net income (175,134) (405,509) Cash flow from operations (61,371) (24,479) Cash 343,180 271,372 Marketable securities 344,242 38,900 Accounts receivable 3,431 37,798 Inventories 6,733 74,106 Total current assets 717,586 422,176 Accounts payable 30,908 24,758 Accrued liabilities 46,790 126,851 Total current liabilities 77,698 151,609 a. Calculate the current and quick ratio at the end of each year. Note: Round your answers to 1 decimal place. b. Assuming a 365-day year for all calculations, compute the following: 1. The collection period each year based on sales. 2. The inventory turnover and the payables period each year based on cost of goods sold. 3. The days' sales in cash each year. 4. The gross margin and profit margin each year. Note: Round your answers to 1 decimal place. Negative answers should be indicated by parentheses.