The balance sheet for Stud Clothiers is shown next. Sales for the year were $3,880,000, with 75 percent of sales sold on credit. Assets Cash Accounts receivable Inventory Plant and equipment STUD CLOTHIERS Balance Sheet 20X1 Liabilities and Equity $ 60,000 Accounts payable 311,000 Accrued taxes 276,000 Bonds payable (long-term) 389,000 Common stock Paid-in capital Retained earnings $ 1,036,000 Total liabilities and equity $ 279,000 91,000 132,000 100,000 150,000 284,000 $ 1,036,000 Total assets 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 b. Quick ratio times times % c. Debt-to-total-assets ratio d Asset turnover times e. Average collection period days