The balance sheet for Sony Entertainment is given below. Sales for the year were $3,200,000, with 75 percent of sales sold on credit. Assets Cash Accounts receivable Inventory Plant and equipment Sony Entertainment Balance Sheet Dec. 31, 20XX Liabilities and Equity $65,000 Accounts payable 400,000 Accrued taxes 430,000 Bonds payable (long term) 490,000 Common stock Retained earnings $1,385,000 Total liabilities and equity $300,000 55,000 310,000 440,000 280,000 $1,385,000 Total assets Compute the following ratios: (Use 365 days in a year. Do not round intermediate calculation. Round the final answers to 2 decimal places.) a. b. X Current ratio Quick ratio Debt-to-total-assets ratio Asset turnover Average collection period C. d. % days e