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The balance sheet for Stud Clothiers is shown next Sales for the year were $3,460,000, with 75 percent of sales sold on credit Assets Cash

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The balance sheet for Stud Clothiers is shown next Sales for the year were $3,460,000, with 75 percent of sales sold on credit Assets Cash Accounts receivable Inventory Plant and equipment STUD CLOTHIERS Balance Sheet 2exi Liabilities and Equity $ 54, eee Accounts payable 348, eee Accrued taxes 272,000 Bonds payable (long-term) 464,800 Cormon stock Paid-in capital Retained earnings $ 1,138,000 Total liabilities and equity $ 287,000 93eee 131, een 100, eee 150,000 377, eee $ 1,138,000 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 c. Debt-to-total-assels ratio d Asset turnover e. Average collection period times times % times days

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