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Stuck on business finance The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,760,000, with 75 percent of sales sold

Stuck on business finance

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The balance sheet for Revolution Clothiers is shown below. Sales for the year were $3,760,000, with 75 percent of sales sold on credit. REVOLUTION CLOTHIERS Balance Sheet 20X1 Assets Liabilities and Equity Cash $ 58, 000 Accounts payable $ 254, 000 Accounts receivable 356, 000 Accrued taxes 163 , 000 Inventory 301, 000 Bonds payable (long-term) 147,000 Plant and equipment 454, 000 Common stock 100, 000 Paid-in capital 150, 000 Retained earnings 355, 000 Total assets $ 1, 169, 000 Total liabilities and equity $ 1, 169, 000 Compute the following ratios: Note: Use a 360-day year. Do not round intermediate calculations. Round your answers to 2 decimal places. Input your debt-to- total assets answer as a percent rounded to 2 decimal places. a. Current ratio times b. Quick ratio times c. Debt-to-total-assets ratio d. Asset turnover times e. Average collection period days

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