SP 13 Serial Problem Business Solutions (Algo) LO P3 Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2022, and from its March 31, 2022, balance sheet to complete the requirements. Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold. Net income Quick assets Current assets Total assets Current liabilities Total liabilities. Total equity Required: $ 26,309 21,372 47,681 13,476 18,582 91,156 95,144 122,720 755 755 121,965 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio.. 4. What percent of its assets are current? What percent are long term? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. Note: Round your percentage answers to 1 decimal place. With Service Revenue Without Service Revenue Gross margin ratio % % Net profit margin ratio % Required 1 Required 2 > Book 0 erences Computer services revenue Net sales (of goods). Total sales and revenue Cost of goods sold) Net income Quick assets Current assets Total assets Current Liabilities Total liabilities Total equity Required: $26,309 21,372 47,681 13,476 18,582 91,156 95,144 122,720 755 755 121,965 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the current ratio and acid-test ratio. Note: Round your answers to 1 decimal place. Current ratio Acid-test ratio + March 31, 2022, balance sheet to complete the require Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current liabilities Total liabilities) Total equity Required: $ 26,309 21.372 47,601 13,476 18,582 91,156 95,144 122,720 755 755 121,965 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 41 Compute the debt ratio and equity ratio. Note: Round your percentage answers to 1 decimal place. Debt radio Equity ratio % Use the following selected data from Business Solutions's income statement for the three months ended March 31, 2022, and from its March 31, 2022, balance sheet to complete the requirements. Computer services revenue Net sales (of goods) Total sales and revenue Cost of goods sold Net income Quick assets Current assets Total assets Current liabilities Total liabilities Total equity Required: $ 26,309 21,372 47,681 13,476 18,582) 91,156 95,144 122,720 755 755 121,965 1. Compute the gross margin ratio (both with and without services revenue) and net profit margin ratio. 2. Compute the current ratio and acid-test ratio. 3. Compute the debt ratio and equity ratio. 4. What percent of its assets are current? What percent are long term? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What percent of its assets are current? What pe Required 4 Note: Round your answers to the nearest whole percentage. term? Current assets % Long-term assets %