The balance sheet for Stud Clothiers is shown next Sales for the year were $3,570,000, with 75 percent of sales sold on credit 2 points $ Assets Cash Accounts receivable Inventory plant and equipment SPUD CLOTHIERS Balance Sheet 20x1 Liabilities and Equity $ 20,000 Accounts payable 350,000 Accrued taxes 260,000 Bonds payable (long-term) 350,000 Common stock Paid-in capital Retained earnings $ 980,000 Total liabilities and equity 246.000 108,000 126,000 100,000 150,000 250,000 980,000 eBook Total assets $ Hint 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.) Print References a. Current ratio b. Quick ratio c. Debt-to-total-assets ratio d Asset turnover c. Average collection period 1.78 times 1.05 times 48.98% times days