The financial statements for Royale and Cavalier companies are summarized here: year's average and all sales are on account. $/$r$/$n Required: $1.$ Calculate the following ratios. $($Use $365$ days in a year. Round your intermediate calculations and final answers to $2$ decimal places.$)$

The financial statements for Royale and Cavalier companies are summarized here:

$\backslash$table$[[,$Royale Company,$\backslash$table$[[$Cavalier$],[$Company$]]],[$Balance sheet$],[$Cash$,$$$33,000,$$$53,000$