The balance sheet for Bryan Corporation is given below. Sales for the year were $3,180,000, with 75 percent of sales sold on credit. Cash Accounts receivable Inventory Plant and equipment Total assets Assets a. Current ratio b. Quick ratio Debt-to-total-assets ratio BRYAN CORPORATION Balance Sheet Dec. 31, 20XX d. Asset turnover e. Average collection period $45,000 380,000 420,000 480,000 $1,325,000 Accounts payable Accrued taxes Bonds payable (long term) Common stock Retained earnings Compute the following ratios: (Use 365 days in a year. Do not round Intermediate calculation. Round the final answers to 2 decimal places.) Liabilities and Equity Total liabilities and equity % X days $290,000 45,000 290,000 420,000 280,000 $1,325,000