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The balance sheet for Stud Clothiers is shown next. Sales for the year were $3, 990,000, with 75 percent of sales sold on credit. Compute

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The balance sheet for Stud Clothiers is shown next. Sales for the year were $3, 990,000, with 75 percent of sales sold on credit. Compute the following ratios: (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. Debi-to-total-assets ratio % d. Asset turnover times e. Average collection period days

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