SHOW ALL WORK Use the financial data shown below to calculate the following ratios for the current year: (a) Current ratio. (b) Acid-test ratio. (c) Accounts receivable turnover. (d) Days' sales uncollected. (e) Inventory turnover. (f) Days' sales in inventory. Income Statement data Sales (all on credit) $650,000 Cost of Goods Sold 425,000 Income before taxes 78,000 Net income 54,600 Ending Begging Balances Balances Cash $19,500 $15,000 Accts Receivable (net) 65,000 60,000 Inventory 71,500 64,500 Plant and equipment (net) 195,000 183,900 Total Assets $351,000 $323,400 Current Liabilities $62,400 $52,700 Long term notes payable 97,500 100,000